An Essex enterprise has turn out to be the most recent UK highway haulage and freight firm to fall into problem this spring.
One other UK haulage firm has plunged into administration (Picture: Getty)
A UK haulage firm has plunged into administration in yet one more blow to the UK motor business. MJ Haulage Restricted, a foresight transport firm positioned in Devon, dropped into administration final week, based on particulars on The London Gazette.
The enterprise appointed directors again on 5 Might, with the discover showing within the London Gazette within the early hours of 11 Might. MJ Haulage Restricted is predicated at Yard Business Highway Enterprise Park, Lords Meadow Buying and selling Property, Crediton, EX17 1ER.
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A sequence of haulage firms have fallen into problem this spring (Picture: Getty)
At this stage, there isn’t a data on what the information may imply for the corporate’s workers and whether or not there might be job cuts consequently. Firms Home explains that the corporate was integrated again in August 2024, which means the agency hasn’t but celebrated its two-year anniversary
In accordance with the London Gazette, Andreas Arakapiotis and Brett Lee Barton have been appointed as joint directors over the enterprise. Directors are certified practitioners who take over the day-to-day management of the corporate from the unique administrators.
These specialists are put in place to guard a enterprise that may not pay its money owed, with the aim of rescuing the enterprise or reaching a optimistic end result for collectors. At this stage, the enterprise administrators normally lose their decision-making energy over the corporate’s affairs, with directors as an alternative having the ultimate say.
The information is a serious blow to the highway haulage sector, with a number of native manufacturers falling into difficulties in latest weeks. Suma Logistics Restricted, a freight firm based mostly in Stoke-On-Trent, dropped into administration on Might 1.
Martyn Barratt Transport Restricted, a Haulage firm based mostly in Nottingham, entered administration in April in a serious blow to the native space.
Martyn Barratt was a serious model within the haulage sector within the Midlands, with the agency in enterprise because the summer time of 2000. The difficulties did not finish there, with North West based mostly John Okay Philips Group Restricted coming into administration on April 20, 2026.
Ardens Haulage Restricted, a transport firm specialising within the bulk carriage of farm produce, additionally dropped into liquidation earlier this yr.
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