Transport and logistics firm set to call in administrators
A transport and logistics firm which has been trading for 20 years is set to fall into administration, TheBusinessDesk.com understands.
CTS Transport, which is based in Kettering, has posted a notice of appointment to appoint an administrator through law firm Browne Jacobson.
Established in 2004, CTS had and diversified into offering a complete supply chain and HGV maintenance solution including container haulage and storage, workshops services, specialist DAF technicians and mobile fleet servicing.
In its latest available accounts, made up to December 29 2022, CTS Transport had total assets less liabilities of £775,047. At the time the company employed 40 people – up from 26 in the previous year.
