Collapsed Hertfordshire haulier lost major contracts after rapid expansion


 

Hertfordshire-based Carters Haulage entered administration after expanding from one lorry to 40 in just three years to service a blue chip client and then losing the business months later. In a report to creditors, administrators at SFP also said it was now investigating “certain transactions” prior to their appointment and that it may be advisable for the business to remain in administration for the time being. The company was incorporated in 2015 and began trading out of premises in Hoddesdon […]