Apex Traffic Management Ltd (SC559051): administration
- Status
- In administration
- Administration began
- 2025-08-21
- Administrators
- Kevin Mapstone, Kenneth Robert Craig
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2017-03-01
- Location
- Glasgow
- Industry
- 77320 Renting and leasing of construction and civil engineering machinery and equipment
Why it went into administration
- HMRC / tax arrears
- Bad debts / customer insolvency
- Over-expansion / investment not recovered
- Sustained trading losses
From the administrators' statement
Apex Traffic Management Ltd was incorporated on 1 March 2017 by Daniel McGinley. Daniel had worked in traffic management for around 20 years mainly as a TM Operations & Foreman in Scotland and England on some fairly large-scale contracts. He also had a period of TSCO work on major projects in England. On returning to Scotland, Danny had become frustrated working for other Traffic Management companies and the unsociable hours he was being asked to work, so decided to set up a limited company to offer himself as a freelance TM operative and hopefully get a better work life balance, as well as have a degree of control over where and when he worked. At this early stage the business was offering labour only and not TM contracting.
This new venture quickly became popular, and it was not long until Daniel was being asked by other TM contractors to offer additional TM operatives and TM crews to support their operations. Daniel expanded the business to offer the additional support by investing whatever money he had at that time and sacrificing his own salary for a considerable period to be able to fund the costs of the other employees and vehicles needed.
In early 2018, lain Griffin joined the Apex business. lain had almost 30 years of experience in the industry at a senior level and a host of contacts. lain immediately worked on getting Apex accredited to National Highways Sector Scheme 12AB8&D with ISO 9001:2015 and in Feb 2018 the company became fully accredited for this work.
Administrators' statement of proposals (2025-10-15) · Companies House register