Black week as small hauliers go to the wall
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CM COVER STORY
Sy David Hams
IT HAS been a miserable week for small hauliers as several companies have been wound up or put into liquidation because of the tough trading conditions Among those firms placed into liquidation is Lincoln-based Geoff Mason & Son. Director Tim Mason says a major reason behind the liquidation, which is being handled by the Sheffield company P&A Partnership, is that Mason lost a lot of business to a major customer that provided 40% of its work.
Tim Wood. a partner at P&A, says Tim Mason is continuing to trade as a sole operator, even though Geoff Mason & Son has ceased business Staff at the former firm are still working for Mason.
Those owed money by Geoff Mason & Son include JM Motors, which carried out some of the servicing on its 10 vehicles. The Lincoln garage is owed £13,885.98, according to the list of unsecured creditors Others listed as being owed money include The Fuelcard Company (1,374.76) and the Portsmouth-based My Freight, which is owed £8,730.66. Wood says creditors might get some of their cash back, but it is likely to be a fraction of what is owed.
Jonathan Stafford, owner of IM Motors, says he knew nothing of the liquidation before it happened, and is unclear how much money they might get, if any.
Cam European, a haulier with 11 vehicles and 20 trailers on its 0-licence, based in Royston, Hertfordshire, has also gone into liquidation, owing an estimated £500,000 to HM Revenue and Customs and a total of Lim to 25 other creditors Fisher Partners is handling the liquidation.
In addition, winding up orders have been agreed on SCTransport, Darlington (19 vehicles and six trailers on its 0-licence): Logistics GHT of Dover (four vehicles and two trailers on its 0-licence); and Quick Freight UK, of Bradford (four vehicles and four trailers on its 0-licence).
On 24 August, the petition made by The Fuelcard Company for a winding-up order for logistics company K Freight UK (which has three vehicles on its 0-licence), of Tamworth, will be heard at Liverpool County Court.
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