Scottish freight transport firm CCH Transport Limited has plunged into liquidation after more than 30 years in business, with HMRC saying it had "exhausted all other options" before moving to wind up the company. The South Lanarkshire-based road freight company was handed over to liquidators Henderson Loggie in February after HMRC submitted a petition to Hamilton Sheriff Court in November demanding the business "be wound up and a liquidator appointed".
The Larkhall-based firm had already ceased trading before liquidator Shona Campbell was appointed by HMRC. While HMRC does not comment on individual cases, it said: "We take a supportive approach to dealing with customers who have tax debts and only file winding-up petitions once we've exhausted all other options, in order to protect taxpayers' money." According to CCH Transport's last filed accounts with Companies House in 2022, the business had assets with a net book value of £130,410. The same accounts show the company employed around 11 people.
The collapse is the latest blow for Scottish businesses, with figures from the Insolvency Service revealing that 98 firms filed for insolvency in February alone.
Of those, 50 were creditors' voluntary liquidations, 39 were compulsory liquidations, and six were administrations.
A further two were receivership appointments, and one was a company voluntary arrangement.
The figures underline the difficult conditions facing businesses across Scotland, particularly in transport, logistics and wholesale.
Earlier this week, 71 jobs were wiped out after East Kilbride wholesaler Enterprise Foods Limited collapsed into liquidation after 35 years in business.
The company, which traded as Localist, had supplied Scottish producers, farmers and suppliers to major retailers across the country.
Enterprise Foods failed after struggling to refinance debts of more than £5million, with cash-flow problems building up over several years.
The difficulties were linked to bad debts following the collapse of a number of customers and were worsened by tough conditions in the retail and hospitality sectors.
George Lafferty of BTG was appointed provisional liquidator after a petition was lodged by the business.
The collapse also left many small suppliers owed money and facing the loss of a key route to market.
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