Suffolk haulage firm goes into liquidation owing £175,000 because of coronavirus

PUBLISHED: 10:43 25 June 2020 | UPDATED: 10:43 25 June 2020

Angus Williams

Transanglis UK went into administration owing GBP166,000 to HMRC Picture: GETTY IMAGES/iSTOCKPHOTO

Transanglis UK went into administration owing GBP166,000 to HMRC Picture: GETTY IMAGES/iSTOCKPHOTO

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A Great Blakenham haulage firm has gone into administration owing more than GBP175,000 due to Covid-19.

Transanglis UK helped Lithuanian HGV drivers find jobs in the UK until its business was disrupted by China going into lockdown in January.

The company, based at Claydon business park, appointed Nicholas Cusack, from Parker Andrews, as liquidator on June 5.

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MORE: Strike action threatened at haulage firm over depot dispute At the time the firm owed GBP176,413 to creditors - including GBP166,000 to HMRC and GBP10,413 to Andrew Davies, the company director. The company held cash assets of GBP5,000 when it appointed liquidators leaving a shortfall of GBP171,423.

Adam Paterson, insolvency administrator at Parker Andrews, said: "The company's business relied on goods from China through Lithuania on its way to the UK. The Covid-19 pandemic caused China to enter lockdown in January 2020, and therefore the company could no longer trade. It is currently uncertain whether there will be sufficient realisations in order to make a distribution to creditors."

The company had no employees when it went into administration.


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