- Insolvency Insider UK
- Posts
- 4 Seasons Beer Tent Co Limited (trading as Ningbo Walking Floors) – administration
4 Seasons Beer Tent Co Limited (trading as Ningbo Walking Floors) – administration
4 Seasons Beer Tent Co Limited (trading as Ningbo Walking Floors), a Wrexham-based haulage business, entered administration on 17 January. The company’s administration was precipitated by financial difficulties as result of the pandemic, a mounting HMRC liability and rising insurance costs. Immediately following their appointment, Joint Administrators Joanne Hammond and Kris Wigfield of Begbies Traynor completed a pre-pack sale to Stockton Property Limited (SPL), saving all 38 jobs. Two Lloyds Bank entities have a registered charge against the company.