Trailar Limited (11547823): administration
- Status
- Administration ended
- Administration began
- 2024-08-02
- Administrators
- Mark Weekes, Paul Stanley
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2018-09-03
- Location
- Manchester
- Industry
- 52290 Other transportation support activities
Why it went into administration
- COVID-19
- Over-expansion / investment not recovered
- Funding withdrawn / unable to refinance
From the administrators' statement
Directors’ Statement
Originally conceived by a selected team in 2015, as part of a DHL Management Development Program in the UK.
The co-founders were tasked with thinking of products that could disrupt the transportation industry in the UK, and then asked to present it to a ‘Dragons Den’ style panel which included DHL UK board members.
Administrators' statement of proposals (2024-11-20) · Companies House register