McAllisters Recovery's doors close RECOVERY FIRM McAllisters Recovery has ceased
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trading after nearly 40 years in the business. The family-run haulier, which specialised in roadside assistance and commercial and light vehicle recovery, ceased trading on 3 July with the loss of 40 jobs.
MD Mark McAllister told CMthat an "unviable public sector contract" contributed to the firm's collapse. It held contracts with Surrey Police and the Highways Agency, as well as carrying out call-out work for operators and the public. It started trading in 1974 and expanded to operate a mixed fleet of 42 vehicles across its three sites in Chobham, Guildford and Leatherhead, including heavy recovery vehicles and light vans.
McAllister said: "We looked for a number of alternative options including selling the company as a going concern, but it was not possible."
It is understood the company began experiencing financial difficulty in 2011, according to its most recent accounts, when it relocated following its acquisition of another Guildford recovery firm, All Recovery and Repair.
A creditors meeting will take place on 1 August, where Jeffery Brenner of B&C Associates is expected to be appointed as liquidator.