Haulage company enters administration

Tue, 31 Jul 2018 | ADMINISTRATION

A Norfolk-based haulage business has been forced to call in administrators as a result of “historic trading difficulties”.

Harveyson Haulage Ltd - a provider of septic tank services with a reported £2 million turnover - brought in corporate insolvency practitioners Quantuma on 18 July 2018, and appointed partners Simon Campbell and Andrew Watling as joint administrators.

A buyer is now being sought for the business, located in East Harling, Norwich, as it continues to trade.

The business operates in a number of areas in Norfolk, including Attleborough, Wymondham, Watton, Long Stratton and Scole. All 17 members of staff have been kept on board during the administration process.

According to the company, a good septic tank is absolutely essential to "maintaining a safe and healthy environment", and are a necessity for the population of Norwich in the upkeep of the region's secure infrastructure.

Campbell, who is also Quantuma’s director, said: “Harveyson Haulage Ltd was founded in 2006 and the turnover of the company has reached £2 million, but the business was the subject of a winding up petition from HMRC due to historic trading difficulties, and Quantuma have been appointed to trade and sell a fundamentally viable business.

“We will be working with interested parties with the aim of securing a sale of the business as an ongoing concern and would welcome any expressions of interest.”

As well as administrations, Quantuma also handles personal insolvencies, liquidations, mergers and acquisitions, and risk management and investigation services.

Click here to view the Harveyson Haulage Ltd administration listing.

For more news stories about administrations click here. For all our administrations listings, click here.


Share this article



Latest Businesses for Sale

Dust & Fume Extraction Specialist
Scotland, UK

Specialises in comprehensive dust and fume extraction solutions, providing tailor-made designs, installations and support services. Offers invited.

Asking Price: Offers Invited
Turnover: £534,000

LEASEHOLD


Specialist Transport Services
UK Wide

Provider of specialist transport services, predominantly working with local authorities in the UK. Offers invited.

Asking Price: Offers Invited
Turnover: £6,300,000

FREEHOLD


Major Event Recycling/Waste Management
UK Wide

Debt free. High profile events. Reactive marketing. Unique equipment/plant. Relocatable. Unrivalled sector experience. Term contracts. Offers invited.

Asking Price: Offers Invited
Turnover: £710,000

RELOCATABLE



View more businesses for sale

News Search

Latest News

 
26
 
Mar
 

Craft beer company goes under | ADMINISTRATION

With stores in London, Canterbury and Margate, craft beer me...

 
25
 
Mar
 

West Midlands transport company enters administration | ADMINISTRATION

The company behind the Ring and Ride services throughout the...

 
22
 
Mar
 

Scunthorpe nightclub up for sale | BUSINESS SALE

A former nightclub based in Scunthorpe has been put up for s...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
18
 
Mar
 

Buyer sought for Leeds pub group | ADMINISTRATION

Administrators for pub group headquartered in Leeds are on t...

 
28
 
Feb
 

Property developers enter administration | ADMINISTRATION

A property development company based in Leicester has fallen...

 
12
 
Feb
 

UK smartphone maker appoints administrators | ADMINISTRATION

UK-based smartphone maker WileyFox, the only mass market pho...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources