Charles Morgan Transport Ltd (11883530): administration
- Status
- Administration ended
- Administration began
- 2023-07-04
- Administrators
- Philip Booth
- Administrators' firm
- Insolvency Code of Ethics. Needlesmart
- Incorporated
- 2019-03-15
- Location
- Ossett
- Industry
- 49410 Freight transport by road
Why it went into administration
- HMRC / tax arrears
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Property / lease costs
From the administrators' statement
Charles Morgan Transport Ltd (the Company’) was incorporated on 15 March 2019 by the director and sole shareholder, Mr Charles Morgan.
The Company's registered office was Unit 2 Full Sutton Industrial Estate, York, YO41 1HS (the ‘premises’) and the Company provided freight transport services. The rent for the premises was approximately £2,000 per month and I am advised that the rent was up to date to June 2023.
Initially trade was promising with turnover increasing year on year from c.£428k at y/e 31 March 2020
Administrators' statement of proposals (2023-08-22) · Companies House register