Home Delivery Solutions, a Chesterfield-based haulier, has entered administration after failed sale attempts.
- The company ceased trading on 5 July, appointing administrators from Begbies Traynor the same day.
- Prior efforts to sell the business involved identifying a preferred bidder, but uncertainties led to withdrawal.
- The company operated 20 lorries and faced challenges with cash flow and legacy debts.
- The managed wind down now involves securing assets and addressing employee claims.
Home Delivery Solutions, a haulier based in Chesterfield, has officially entered administration following the collapse of a potential sale of the business. On 5 July, the company ceased trading, and joint administrators Mark Malone and Gareth Prince from Begbies Traynor were appointed to manage the proceedings. The company, holding operator licences in the North East and North West traffic areas, had been providing two-man delivery services across the United Kingdom.
In the lead-up to this development, Home Delivery Solutions sought advice on improving its cash flow and addressing growing legacy debts. It was initially believed that an accelerated sale could offer the best opportunity for salvaging the business. Subsequently, the company filed several notices of intention to appoint administrators, with official records showing these were lodged on 7 June, 20 June, and 3 July.
Despite receiving offers from multiple parties interested in purchasing the business, uncertainties—particularly surrounding the company’s ability to maintain service provision—prompted some of its largest customers to seek alternative suppliers, ultimately leading to the preferred bidder withdrawing. Attempts to engage other interested bidders were unsuccessful, pushing the company towards a managed wind down.
Home Delivery Solutions, incorporated in 2009, operated its fleet from a depot in Sutton-in-Ashfield and two additional operating centres in Chesterfield. With a fleet comprising 20 lorries and a total of 16 HGVs, the company played a notable role in the local logistics sector. However, the growing financial pressures outweighed operational capabilities, leading to the current administration.
The administrators, Mark Malone and Gareth Prince, stated their duty now is to secure and realise the remaining assets of Home Delivery Solutions and to address any employee claims. This marks the winding down of a company that has been part of the logistics landscape for well over a decade.
Home Delivery Solutions’ challenges exemplify the fragility within the logistics industry amid financial and operational pressures.
