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.
Specialises in the design, installation, maintenance and commissioning of a wide range of security-related products, such as intruder alarms, CCTV, fire alarms, access control, warden calls, safes, padlocks, suited systems and door automation.
LEASEHOLD
Specialises in all aspects of highway maintenance and is fully equipped to carry out small works and large projects covering the UK road network. Services include road removal, from full highways to patching, trenching and fine milling. Offers invite...
FREEHOLD
With over 30 years of experience the company benefits from a highly regarded reputation. Services include, but are not limited to, bespoke warehousing, heated storage, fulfilment solutions and secure document storage.
FREEHOLD
|
12
|
|
May
|
Sassoon Academy to appoint administrators | ADMINISTRATION
Hairdressing school Sassoon Academy has revealed that it is ...
|
12
|
|
May
|
Victoria’s Secret to be spun off by L Brands following collapsed Sycamore Partners sale | BUSINESS NEWS
L Brands, the parent company of Victoria’s Secret, has...
|
11
|
|
May
|
Owners of Barry's Amusements remarket iconic attraction | COMMERCIAL PROPERTY
The owners of North Coast tourist attraction Barry's Am...
Sign up to receive our acquisition alert emails to get your FREE guide
|
15
|
|
Jan
|
Buyer sought for portfolio of pubs | BUSINESS SALE
Five pubs that formerly operated under the Authentic Alehous...
|
17
|
|
Dec
|
Modular home builder acquired in pre-pack administration | BUSINESS SALE
Liverpool-based modular housing firm Ideal Modular Homes has...
|
21
|
|
May
|
South London-based law firm acquired in pre-pack sale | BUSINESS SALE
Croydon-based McMillan Williams Solicitors (MSW) has been so...
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