BWR HAULAGE LIMITED

Company number 06732541 ·

Liquidation

The annual accounts for this company are overdue.

The confirmation statement for this company is overdue.

Executive summary

BWR Haulage Limited exemplifies the structural challenges facing sub-scale operators in the UK road freight sector. Despite achieving significant asset growth between 2012 and 2015, the company was chronically undercapitalised with just £1 in share capital and persistent negative or near-zero shareholders' funds, leaving it dangerously exposed to the working capital pressures endemic to haulage. The extreme debtors concentration (96% of current assets), thin cash reserves, and single-director dependency created a fragile operating model that ultimately proved unsustainable. The company's liquidation reflects a common pattern in the sector where undercapitalised operators cannot absorb the cash flow volatility inherent in freight transport.

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Shareholders' funds

£31,748

Balance sheet as at 2016-10-31

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Overview

Company type
Private Limited Company
Incorporated
2008-10-24
Registered office
Ferriby Hall, 2 High Street, North Ferriby, East Riding Of Yorkshire, HU14 3JP
Postcode
HU14 3JP
Capital
1 GBP
Accounts category
Total Exemption Small
Charges
0 outstanding

Accounts

Last made up to
2016-10-31
Next due by
2018-07-31 Overdue
Financial year end
31 October

Confirmation statement

Last statement dated
2017-10-24
Next due by
2018-11-07 Overdue
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Nature of business (SIC)

  • 49410 Freight transport by road

Officers 1 current

Appointed 2008-10-24

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Contact details

Website
http://www.bwrhaulage.co.uk

Previous company names

NameDate changed
QUICK FREIGHT (YORKSHIRE) LTD2010-02-23

Previous registered addresses 1

AddressChanged on
FLORENCE STREET BRADFORD, BRADFORD, WEST YORKSHIRE, BD3 8EX2020-04-27

The class of 2008

18%

of the 1,913 companies in this sector incorporated in 2008 are still active today; 79% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →