An international freight company with debts of almost £700,000 has been forced to close after an investigation by the Insolvency Service.
Leeds-based Malcolm Wright Associates was found to have shipping debts with companies in the UK, US and Europe.
The firm was investigated after concerns were raised about its trading activity and shut down following a hearing at the High Court in Manchester on Tuesday.
Insolvency Service chief investigator David Hope said Malcolm Wright Associates had given the “appearance of a credible trading business” while leaving suppliers with substantial unpaid debts.
“The company failed to cooperate with our investigation, could not be located at its registered…