1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202 
Eglinton calls in receivers
Page 7
If you've noticed an error in this article please click here to report it so we can fix it.
EGLINTON FAST FREIGHT (EFF), one of Northern Ireland's largest hauliers, has called in the receivers following a cash crisis.
The Deny-based firm has ceased trading, and its premises at Derry Port are locked. It ran approximately 40 trucks and had about 90 employees.
The company had expanded significantly in recent years and it handled a significant volume of Continental work, particularly to Turkey.
Last year, Northern Ireland's Business Eye magazine picked out company secretary Gerard Doherty as one of 25 leading business achievers.
The citation said: "EFF has done so through steady investment in some innovative technology, and some energetic and determined leadership by the man at helm. And their lorries look the part too!"
Two years ago Londonderry Port and Harbour Commissioners built a transport and logistics centre for the company at the port.
Problems arose following the liquidation of one of its biggest customers, clothing manufacturer Desmonds, earlier this year.
The directors and sole shareholders of the company were Gerard Doherty, James Bernard Doherty and Eugene Doherty.
The company has not filed accounts since 2002, but these showed retained profits of £130,611, down £57,000 on the previous year. However, net debts were £1.9m,almost £600.000 up on the previous year.