Ecosse World Express Limited (SC141707): administration
- Status
- Administration ended
- Administration began
- 2013-03-21
- Administrators
- Kenneth Wilson Pattullo
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1992-12-11
- Location
- Glasgow
- Industry
- 52103 Operation of warehousing and storage facilities for land transport activities
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The company was formed in 1992 by George Anthony Wills Wilson and Anne Marie Wills Wilson each of whom were Directors and shareholders.
The principal trade of the business was that of warehousing and transportation of goods. The company was subject to a Management Buyout “MBO” by James Murdoch (Appointed Director 17 July 2008) and Cameron William Geddes (Appointed Director 14 March 2005). The MBO was funded by the director's personal funds and funds from friends and family at the time. The company traded from rented premises at Unit 2, Gateway Intemational Business Park, Glasgow Airport, Paisley, PA3 2RE.
There were limited owned assets as the fleet of vehicles utilised were leased from and the only other assets were office equipment and fixtures and fittings.
Administrators' statement of proposals (2013-05-17) · Companies House register