# MY Freight Limited (05497321)

> Why UK company 05497321 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05497321

- **Status:** Administration ended
- **Administration began:** 2014-09-04
- **Administrators' firm:** Harrisons Business Recovery and Insolvency
- **Incorporated:** 2005-07-01
- **Location:** Reading
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- Supply chain disruption
- Creditor pressure / legal action
- Competition / price pressure
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Property / lease costs
- Sustained trading losses

## From the administrators' statement

The Company was set up on 1 July 2005 and it was managed by Michael Ingram (“the Director”)

The Company’s employees and the Director were originally employed in the commercial freight department of P&O Ferrtes Holdings Limited (“P & 0”). Upon P & O closing several of their key European freight routes the Company was set up and commenced trading. The

Company booked ferry space for commercial vehicles throughout Europe

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05497321/filing-history/MzExMDQyMjY3NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05497321

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.