Wind turbine transport firm West of Scotland Heavy Haulage has entered administration due to “growing competition, rising costs and unsustainable cash flow problems”.
FRP Advisory was appointed to the company, as well as at associated trading business West of Scotland Storage, late on 30 October.
Founded more than 70 years ago and based in Glasgow, West of Scotland Heavy Haulage operated one of the largest fleets of specialist heavy haulage trucks, trailers and low loaders in Scotland.
It had a standard international licence authorising 12 HGVs and 12 trailers out of a Cumbernauld operating centre.
The business had contracts in the renewable, contracting, mining, civil engineering and construction sectors. Turnover was around £11m.
A spokesman for FRP said the business had ceased trading with immediate effect, resulting in 21 staff being made redundant, with two staff retained to assist with the administration process.
FRP has appointed sub-contractors to enable completion of three main contracts.
Joint administrator Tom MacLennan, FRP Advisory partner said: “West of Scotland Heavy Haulage and associated company were long-standing providers of specialist heavy haulage vehicles and services across Scotland.
“Unfortunately, the businesses could not overcome severe operational and financial problems, and administration was the only option.
“We will work closely with all agencies including the redundancy payments office to ensure employees receive as much support as possible at this difficult time.”
At the end of last year, another Glasgow-based wind turbine haulier, Give Goodwind, went into liquidation.