D&A Transport Cardiff, which held an O-licence for 42 vehicles and 12 trailers, has been sold to a connected party after it appointed an administrator last month.
The company’s assets were sold to D&A Media Bristol for £160,000 on 22 February, shortly after administrator
SFP Group was appointed on 19 February.
D&A Media Bristol is managed by Andrew Emmett, the son of D&A Transport Cardiff director Beverley Emmett, and is a former employee.
The administrator declined to comment.