Grays Transport (Derbyshire) Limited (14736966): administration
- Status
- In administration
- Administration began
- 2026-03-13
- Administrators
- Steven Glanvill, Neil Charles Money
- Administrators' firm
- CBA Business Solutions
- Incorporated
- 2023-03-17
- Location
- Leicester
- Industry
- 49410 Freight transport by road
Why it went into administration
- Weak consumer demand
- Cash flow / liquidity pressure
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of cur Proposals has been prepared based on information provided to me by the Directors of the Company and not from our personal knowledge as Joint Administrators.
Grays Transport (Derbyshire) Limited was incorporated on 17 March 2023 following the transfer of trade from a long-established partnership operating within the furniture logistics and distribution sector. The business provides warehousing, groupage distribution and home delivery services, primarily serving UK furniture manufacturers and retailers.
Prior to incorporation, the predecessor partnership had traded successfully, supported in particular by the Alexander & James contract, which was performing strongly and demonstrating continued growth potential. The decision to incorporate was taken during a period of stable trading and in anticipation of further expansion in line with projected customer demand and operational scale.
Administrators' statement of proposals (2026-04-01) · Companies House register