
A Hull-based haulage firm has entered administration for a second time in two years after an attempt was made by creditors to wind it up via the courts.
According to Christopher Wood at Clough Corporate Solutions (CCS), DAS Transport (Hull) was unable to agree a settlement with petitioning creditors GB Oils and Watson Petroleum for debts totalling more than £61,000, and so the secured lender appointed him as administrator at the end of March.
However, CCS told Commercialmotor.com this week that it was still no closer to calculating whether or not unsecured creditors would receive a dividend.
The business and assets of DAS Transport (Cottingham) were sold to its director, David Shores, in a pre-pack administration in June 2011.
The move saved the jobs of its employees, who transferred over under TUPE regulations to DAS Transport (Hull).
However, in a report from CCS it said it was unknown whether they would be repaid in full after having been made redundant on the day Wood was appointed.
The company had a licence authorising 21 vehicles and 35 trailers.