# Mill Transport (Yorkshire) Limited (07277077)

> Why UK company 07277077 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07277077

- **Status:** Administration ended
- **Administration began:** 2016-03-14
- **Administrators:** Geoffrey Paul Rowley, John Anthony Lowe
- **Administrators' firm:** FRP Advisory
- **Formerly:** Gallfly Limited
- **Incorporated:** 2010-06-08
- **Location:** Nottingham
- **Industry:** 49410 Freight transport by road

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses

## From the administrators' statement

‘The Company was returning losses due to a reduction in turnover and was unable to pay debts as they fell due within current banking facilities.

The director could not reasonably believe that the Company was able to turn around performance and explored a sale of the business and external investment to prevent formal insolvency.

Discussion took place with potential interested parties and investors but these proved unsuccessful

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07277077/filing-history/MzE0ODcxMDg2MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07277077

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