Tipper firm folds owing £1.6m

A Herefordshire haulage firm incorporated almost a quarter of a century ago has gone into liquidation owing £1.6m.

Accountants from Leonard Curtis were appointed to Ken’s Tipper Hire on 31 January and they are now in the process of winding up the business.

A statement of affairs showed that the haulier, which traded out of three operating centres in Kington, Bromyard and Hereford, owed creditors £1.6m, including £111,700 to employees and £551,000 to HMRC.

Records showed that the company was incorporated in 1999 and it held a standard national licence authorising between seven and 16 HGVs and eight trailers out of its three depots.

The surrender of its licence is now under consideration.

Leonard Curtis declined to comment and the directors of Ken’s Tipper Hire did not respond.