Based in Rotherham, Humber Services was founded in 2018 and traded from 2020, operating a white glove logistics operator across the UK and Europe, servicing furniture retailer deliveries.
Humber Services experienced cashflow difficulties following a dispute with a major customer, which resulted in a breakdown of the relationship, non-payment for services rendered and the receipt of significant counterclaims for non-performance . Following creditor action, the company was at risk of liquidation and the secured creditor appointed Quantuma to gain control of the situation on a more urgent basis than liquidation would have allowed.
Quantuma managing director and Joint Administrator Andrew Watling commented:
“It is extremely regrettable that Humber Services was forced to cease trading, due to a series of challenging circumstances. This was a sad ending for an established Company. As Joint Administrators, our immediate priorities have been to seek to obtain maximum value for the Company’s creditors.”