Matlock Transport Company, the family run general haulier founded more than 70 years ago, has ceased trading.

Insolvency practitioners from Sheffield-based Hart Shaw LLP were appointed on 11 September to help liquidate the business.

The company was founded in 1946 by Richard Lowe, before brothers Eric, Alf, George and Charles took an active role and began to grow the business.

Third generation cousins Julian and Richard Lowe were most recently at the helm and the Darley Dale company operated 46 HGVs and 42 trailers under a standard national licence out of two depots in the county.

Although it was a general haulage business, 80% of its drivers held full ADR licences.

An auction at Malcolm Harrison’s last weekend “due to cessation of business” sold off the majority of the company’s fleet of lorries and trailers.

Calls to the business went unanswered and the liquidator did not respond to requests for comment.