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Neils Transport appoints liquidators

  • 20 September 2012
  • By Christopher Walton

North East haulage company Neils Transport has appointed liquidators after it ceased trading in March.

Gillian Sayburn and Simon Lundy of Begbies Traynor’s Newcastle office were appointed as liquidators on Friday 14 September.

Sayburn said: “The directors attribute the failure to the fact that the fuel supplier changed its credit terms and the company was unable to trade within the new restricted terms.”

Begbies Traynor added that nineteen staff were made redundant at the Durham-based firm, which held an O-licence for 21 vehicles.


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