# Transcar Trading Limited (09440593)

> Why UK company 09440593 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09440593

- **Status:** Administration ended
- **Administration began:** 2017-11-27
- **Administrators:** Lisa Jane Hogg, Kelly Burton
- **Administrators' firm:** Wilson Field
- **Incorporated:** 2015-02-16
- **Location:** Sheffield
- **Industry:** 96090 Other service activities n.e.c.

## Why it went into administration

- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Over-expansion / investment not recovered

## From the administrators' statement

The information provided in this section is based upon the Company's records, information provided by the Company and explanations of its director. The key personnel involved in the provision of information was the Company’s director. The Joint Administrators cannot therefore be held personaily liable for errors or misstatement of fact contained therein.

The Company was incorporated on 16 February 2015 and has always traded under its current style ‘Transcar Trading Limited’. Since incorporation the Company operates as a “low loader” haulier, operating within the weight limits to negate the requirement for an operator's license, in order to minimise overheads while it became established. The Company collects and deposits motor vehicles nationwide for a fixed fee negotiated with each client prior to the order being completed. The Company’s main cliental were Bristol Street Motors (“BSM”), Lookers and Knaresborough Vauxhall, with the majority of the Company’s turnover being generated with BSM due to the director having a family connection within the firm.

The Company employed 18 members of staff and traded from rental premises at Lyngfield Point and Billingham, where there was sufficient storage for 30 vehicles. The Company experienced rapid growth within the last 12 months of trade which the director attributes to their 48 hour guarantee of collection, transportation and delivery.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09440593/filing-history/MzE5Mjg0OTI0OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09440593

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