Waldrons Transport Limited (08167418): administration
- Status
- Administration ended
- Administration began
- 2013-10-17
- Administrators
- Nicola Joanne Meadows, M Smith
- Administrators' firm
- Insolvency Practitioner of Dains
- Incorporated
- 2012-08-03
- Location
- Birmingham
- Industry
- 49410 Freight transport by road
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
WTL was incorporated on 3 August 2012, commencing to trade on 1 October 2012 upon acquiring the business of Brian Melville Waldron and Graham John Waldron trading as Waldrons Transport
WTL was engaged in road haulage, trading from Chadwich Garage, 636 Birmingham Road, Lydiate Ash, Bromsgrove B61 0QB WTL leased a fleet of vehicles from Chadwich Garage Limited which enabled it to carry on the business of road hauliers Under the terms of the vehicle lease agreement, WTL was responsible for the maintenance of the vehicles, at its own expense
The company incurred substantial initial repair and maintenance costs in respect of the vehicle fleet, including engine rebuilds for 3 vehicles and extensive tyre replacement
Administrators' statement of proposals (2013-12-04) · Companies House register