Workers had been made redundant months previous to the directors being appointed.
All the firm’s staff had been made redundant (Picture: Getty)
A UK courier firm has collapsed into liquidation. The sudden information comes amid a interval when many corporations are struggling within the financial local weather, forcing them to shut and promote their belongings.
James Stephen and Simon Girling, of BDO, had been appointed joint liquidators of Dundee-based firm REM Couriers Restricted, following a petition offered to Dundee Sheriff Courtroom.
A discover on Firms Home reveals that the enterprise’s accounts are overdue: the accounts made as much as October 31, 2024, had been due by July 31, 2025, and the final accounts made as much as October 31, 2023.
Paperwork additionally present that shareholder funds whole £4,286, in contrast with a shareholder deficit of £9,644.
The joint liquidators mentioned in an announcement: “James Stephen and Simon Girling had been appointed joint liquidators of the corporate. The corporate had ceased buying and selling a number of months previous to the joint liquidators’ appointment.
“There have been 5 staff who had been made redundant by the corporate when buying and selling ceased. That is an bancrupt liquidation and the joint liquidators are persevering with to understand the corporate’s belongings in step with their statutory duties.”
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The UK Insolvency Service, which additionally compiles Scottish circumstances, mentioned that in January 2026, 74 firm insolvencies had been registered in Scotland, 1% fewer than in January 2025.
The variety of firm insolvencies included 42 collectors’ voluntary liquidations, during which an organization is unable to pay its money owed, and 32 obligatory liquidations, that are introduced by a court docket petition.
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