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Doubts over status of KTS

18th November 2004
Page 10
Page 10, 18th November 2004 — Doubts over status of KTS
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Which of the following most accurately describes the problem?

Keywords : Invoice, Liquidator

A FREIGHT FORWARDER, owed money by failed Scottish operator Kilsyth Transport Services, has expressed astonishment after he gave work to KTS, but was invoiced by a related company. Brady Transport.

As CM reported, George Brady upset over 200 creditors after KTS was placed into liquidation with £500,000 worth of debts. Brady took another company he is director of,Kilsyth European Transport Services, changed its name to Brady Transport and continued trading out of the same industrial estate as KTS (CM 4 November).

Paddy Martin of Cardiff-based Loadback, which is owed £2,000 by KTS, says on 21 October a colleague booked KTS to deliver a load for £240 to an address in Burton on Trent on behalf of Loadback. This was despite the fact KTS had appointed a provisional liquidator 10 days earlier. However, Loadback later received a faxed invoice for the work from Brady Transport.

"We had never heard of Brady Transport," says Martin. -They weren't very forthcoming with telling us.We found out three days later when the papers came through from the liquidator. We wouldn't have entertained the idea if we'd known."

Brady declined to comment to CM about this.

Murray Brady, brother of George and director for Brady Transport. also refused to comment on local newspaper reports that he proposed to buy the premises and ground where Kilsyth Celtic Supporters Social Club is based and use it to develop flats and mews houses, as well as building a pub to cater for the team's supporters' club.

A KTS creditors" meeting will he held on 23 November in Glasgow.


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