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C45 Logistics Limited (10874115): administration

Status
Administration ended
Administration began
2019-12-20
Administrators
Paul Stanley, Jason Dean Greenhalgh
Administrators' firm
Begbies Traynor
Incorporated
2017-07-19
Location
Liverpool
Industry
49410 Freight transport by road

Why it went into administration

From the administrators' statement

On 13 December 2019, Begbies Traynor (Central) LLP were approached by Scott Dylan on behalf of Caribou Worldwide Ltd (“Caribou”), who hold a qualifying floating charge over the Company's assets, dated 3 October 2019.

We were provided with copy correspondence between Caribou and the director of the Company in relation to some overdue payments, and were advised that as payment had not been made by the requisite deadline, Caribou wished to take steps to appoint administrators.

We understand that the Company was a specialised large freight carrier, providing delivery services for bathroom and furniture retailers across the UK. The correspondence between Caribou and the director of the Company indicates that there are a number of outstanding book debts due to the Company in relation to work carried out, however Caribou were advised by the director that payments were not being received, therefore payment could not be made to Caribou.

Administrators' statement of proposals (2020-02-14) · Companies House register

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C45 Logistics Limited (10874115)

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