Telford haulage firm enters administration after 17 years; 64 of 69 jobs transferred

Mixed · 2Telford Transport Solutions Limited, a warehousing and haulage business based in Telford, Shropshire, was placed into administration after 17 years of trading. 1 2 Mixed · 2David Kemp and Richard Hunt of Exigen Group were appointed joint administrators on 2 October 2026, according to The Gazette. 1 2 Mixed · 2Exigen said the firm built up HMRC arrears of around £1.2 million over several months, and that when a Time to Pay arrangement was rejected the debt kept growing. 1 2

Mixed · 2HMRC served a winding up petition on 30 September 2026; the directors acknowledged the company was insolvent and backed the debenture holder's decision to enter administration. 1 2 Mixed · 2The business and assets were sold the same day, as a going concern, to an unassociated company, Lloyd Baker Leather Limited, for £320,000, and it continues to trade from all three Telford sites. 1 2 Mixed · 2The firm employed 69 people; the administrators said 64 have transferred to the new owner under TUPE and the core management team remains in place. 1 2

Mixed · 2Kemp said early planning allowed a pre-pack sale despite the winding up petition, and urged directors facing financial difficulty to take advice early because options narrow once a petition is imminent. 1 2 Mixed · 2Asked about other haulage failures, Exigen said firms have struggled to absorb rising fuel, insurance, vehicle and driver wage costs, that late customer payment strains cash flow, and that HMRC is increasingly willing to take enforcement action over VAT and PAYE arrears. 1 2 Mixed · 2Official figures show 182 businesses entered administration in August, up 60% on August 2025, and the 2026 monthly average to August was 36% above the 2025 average; The Gazette linked this to more than 250 connected real estate companies entering administration between March and August. 1 2