Energy Haulage Ltd (11009630): administration
- Status
- Administration ended
- Administration began
- 2022-01-25
- Administrators
- Michael Pallott, Natasha Brodie
- Administrators' firm
- Mazars
- Incorporated
- 2017-10-12
- Location
- London
- Industry
- 49410 Freight transport by road
Why it went into administration
- COVID-19
- Creditor pressure / legal action
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 12 October 2017 and operates in the transport and haulage of freight, primarily for two associated entities, EGH and Energy Generator Sales Limited — In Administration (“EGS”).
The Company traded from leased premises at Hill View Farm, Kimblewick, Aylesbury, Buckinghamshire, HP17 8SX and also rented a yard located at Borshaw Farm, Quainton Road, Botolph Claydon, Buckinghamshire, MK18
The Company recently became subject to financial distress and ultimate failure due to the following reasons:
Administrators' statement of proposals (2022-03-18) · Companies House register