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.
Principal painting, decorating and coating contractor to the educational, commercial and industrial sectors. Also offers planned maintenance programmes to ensure clients' properties remain in the best condition. Offers invited.
Electrical services company undertaking works including domestic installations and industrial, commercial and agricultural contracts. Services offered also include specialised lighting and security systems. Strong network of clients. Well established...
Provides logistics solutions across the UK and Europe, specialising in contract distribution, express courier services, night trunking and full-load trailer work. Long-standing client relationships in place, spanning 15 years. Offers invited.
LEASEHOLD
|
19
|
|
Jan
|
Luxury lodging group enters administration | ADMINISTRATION
An Essex-based company which operates eight luxury lodge par...
|
17
|
|
Jan
|
Fine paper business enters administration | ADMINISTRATION
Arjowiggins UK, which operates a number of trading companies...
|
15
|
|
Jan
|
Hawk Plant enters administration | ADMINISTRATION
The Shropshire company, that has previously undertaken landm...
Sign up to receive our acquisition alert emails to get your FREE guide
|
12
|
|
Feb
|
UK smartphone maker appoints administrators | ADMINISTRATION
UK-based smartphone maker WileyFox, the only mass market pho...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources