According to notices published in The Gazette, K West Transport, Chinyama Investments, Ikards, Care3, Hammerton Car Transport, Wynnes D, and SAM International Transport all ceased trading or appointed liquidators last month. Each listed “freight transport by road” as its principal business activity under the UK’s Standard Industrial Classification (SIC) code 49410.
In its latest Red Flag Alert, Begbies Traynor warned that many smaller companies “quietly cease trading without entering formal insolvency procedures,” suggesting official statistics may understate the scale of distress in the sector.
These September cases add to a series of insolvencies earlier this year. B Taylor & Sons Transport, Challenge Logistics, Axis…