Crouch Logistics Limited (05736184): administration
- Status
- Administration ended
- Administration began
- 2022-01-31
- Administrators
- Conrad Alan Beighton, David Craig Griffiths
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2006-03-09
- Location
- Birmingham
- Industry
- 49410 Freight transport by road
Why it went into administration
- COVID-19
- Loss of a key customer, supplier or contract
- Property / lease costs
From the administrators' statement
The Company was incorporated in 2006 providing logistics, haulage and courier services to businesses across the UK. It has historically operated profitably with turnover approaching c£11m.
In 2016, the Company lost a contract which was worth £6.5m per annum. To ensure that the Company could continue trading, the directors reviewed and cut down its overheads. In addition to this, the directors sold the property from which they operated in order to reduce its liabilities.
Following the above, the Company continued trading with turnover recovering to c£11m.
Administrators' statement of proposals (2022-02-24) · Companies House register