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Transport directors wind up second firm in 12 months
Page 8
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DIRECTORS AT Berkshirebased transport firm Nelhams Transport have called in liquidators to begin winding up the business just twelve months after another of their ventures collapsed.
Nelhams, whose directors are also behind GH Lucking & Sons and Bournemouth holding company Dooner & Evans, contacted insolvency practitioner Michael Sanders on 30 July. He will call in all the firm's assets and distribute the proceeds to the creditors. The company's directors,Nicholas Dooner and Keith Evans, were behind another transport firm. Cinchon, which Sanders began winding up in July 2003.
Accounts filed at Companies House, this time for Dooner & Evans, state: "At 31 July 2003 the company had net liabilities on the balance sheet totalling £126,111, which could indicate that the company may not be able to continue to trade. However,the directors have confirmed their continuing support to the company."
Dooner, Evans and Sanders were unavailable for comment as CM went to press, but a spokesman for GH Lucking & Sons cites a decrease in trade and increase in overheads for Nelham's collapse. He denies GH Lucking is in similar financial trouble and adds: "I think INelhams] put too many eggs in one basket".
Nelhams Transport was granted an 0-licence on 13 May 2003 for 17 vehicles and 15 trailers.