Deadline Logistics T/A Herd Hire Heathrow Ltd (06428584): administration
- Status
- Administration ended
- Administration began
- 2019-12-10
- Administrators
- Francis F A Wessely, Christopher Newell
- Administrators' firm
- Quantuma
- Formerly
- Deadline Logistics T/A Herd Hire Heathrow Limited Limited; Deadline Logistics T/A Herd Hire Ltd; Xtra Resource Ltd; Nges Trading AS Herd Hire Ltd; Next Generation Energy Solutions Ltd; World Energy Corporation (South London) Limited; S & Y Holdings Limited; Greenmode Technology Limited
- Incorporated
- 2007-11-15
- Location
- 15 Forlease Road
- Industry
- 49410 Freight transport by road
From the administrators' statement
3.1. On 10 December 2019, Chris Newell, and Frank Wessely of Quantuma LLP were appointed Joint Administrators of the Company following the filing of a Notice of Appointment of Administrators by Gener8 Finance Limited.
3.2 Gener8Finance Limited (“the QFC”) approached the Joint Administrators on 5 December 2019, to confirm the position of the Company and advised they intended to appointment an Administrator in accordance with the powers contained within their Floating Charge security.
3.3 The QFC provided a factoring facility to the Company in respect of its book debts. There were a large amount of disputed debts which could not be realised, and therefore the debt owed to the QFC was not being paid. This led to the QFC reviewing the position and deciding to place the Company into Administration.
Administrators' statement of proposals (2020-01-30) · Companies House register