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BMB Logistics Ltd (13856957): administration

Status
In administration
Administration began
2026-06-12
Administrators
Richard Cole, Steve Kenny
Administrators' firm
KBL Advisory
Incorporated
2022-01-18
Location
Leeds
Industry
49410 Freight transport by road

Why it went into administration

From the administrators' statement

The Company’s Directors were referred to KBL Advisory Limited by Martin Tarren of Tarrens Accountants on 24 April 2026 to advise on the options available for the Company, as it was deemed to be insolvent.

The options that were considered between the Directors and KBL Advisory Limited are explained in detail in the SIP16 disclosure statement at Appendix V. A pre-pack Administration was considered to be the appropriate course of action and the Directors proceeded to formally engage KBL Advisory Limited to assist with this process on 28 April 2026.

The Company’s major creditor, Paragon, was contacted and the Company’s circumstances and proposed strategy were explained. Paragon did not raise objections to the proposed pre-pack strategy.

Administrators' statement of proposals (2026-08-25) · Companies House register

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BMB Logistics Ltd (13856957)

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