UK transport company plunges into liquidation with £110,000 debts

UK transport company plunges into liquidation with £110,000 debts The UK transport company that provided land transport, including airport shuttles, has plunged into liquidation with the latest accounts showing £110,000 in debt A UK transport company has plunged into liquidation with reports showing £110,000 debts. The Woodstock-based car company, Cotswolds Cars Ltd, was appointed liquidators on July 15, 2026 with petitions to wind up initiated at the beginning of the month. According to the Gazette the company was incorporated on August 16, 2020 and their last accounts made up to August 31, 2024. The company reported creditors of £111,070 falling within a year, with the report also stating assets totalling close to £70,000. The nature of the business was categorised as ‘other passenger land transport’. This category includes non-urban, non-taxi land transport, including airport shuttles, motor coach with driver and sight seeing buses. Andrew Hook and Julie Anne Palmer both of BTG Begbies Traynor were appointed as liquidators. It is unclear at this stage how many jobs will be impacted by this closure. The news comes as several transport companies are collapsing into liquidation, including haulage firms. S&B Haulage Ltd, based in Leicestershire, appointed liquidators on July 6, with a notice published in the London Gazette on July 17. The news came as a fresh blow for the HGV and freight industries.