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.
Confidential sale of a well-established lettings & estate agent in Leeds. The business has been trading for many years and has built up a fantastic reputation with hundreds of positive google reviews.
The business has been operating for over 20 years and has built up a fantastic reputation in their area. Boasting a portfolio of 700 and adding properties under management.
The company has traded for 16 years, based in the Northwest and operating nationally providing temporary staff to large corporate clients.
22
|
Nov
|
Construction firm Lyjon calls in administrators | ADMINISTRATION
Cheshire-based contractor Lyjon Group has appointed administ...
22
|
Nov
|
Historic Yorkshire yarn maker weaves towards employee ownership | BUSINESS SALE
A West Yorkshire yarn manufacturer that dates back to before...
22
|
Nov
|
Redsquid going national after new funding and acquisition | BUSINESS SALE
IT managed service provider (MSP) Redsquid is going national...
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
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.