LONDON, Aug. 14 -- The government of the United Kingdom issued the following news:

* Malcolm Wright Associates Limited wound up in the public interest following an Insolvency Service investigation. * Company left overseas freight businesses with unpaid debts totalling more than $508,000(US), €334,000 and £25,000. * The company was shut down following a hearing at the High Court in Manchester on 11 August 2026.

A Leeds-based freight business has been shut down after an Insolvency Service investigation discovered unpaid debts totalling hundredsof thousands of pounds owed to companies in the United States,Europeand the UK.

Malcolm Wright Associates Limitedwas investigated after concerns were raised about its trading activitywhich werefound to have caused substantial losses to overseas freight businesses.

Evidence showed the company had presented information whichappeared to giveit credibility with international freight businesses, including membership of theJCTransnetwork, beforerunning upsignificant unpaid debts.

Between August and October 2024, the company incurred freight costs with at least 16JCTransmembers andfailed tomake payments.

The unpaid debts included more than US $508,000, €334,000 and £25,000.

The companyfailed tocooperate with investigators, has no current directororperson with significantcontrol,and had failed to file its latest accounts and confirmation statement.

David Hope, Chief Investigator at the Insolvency Service, said:

Malcolm Wright Associates Limited gave the appearance of a credible trading business while leaving suppliers- including those in the United States and Europe -with substantial unpaid debts.

The companyfailed tocooperate with our investigation, could not belocatedat its registered office, and provided no evidence to explain its trading or financial position.

We will take robust action where companiesappear to beused to mislead suppliers, avoid debts, oroperatewithout proper transparency.

Winding up thiscompany protects the public and helps prevent further harm to businesses.

Further information

* Malcolm Wright Associates Limited was incorporated on 15 December 2016 under company number 10528398. * The company's registered office was recorded asNortechCentre,NortechClose, Leeds LS7 1AQ.

The Official Receiver has been appointed liquidator of Malcolm Wright Associates Limited.

All enquiries concerning the affairs of the company should be made to:

Public Interest Unit

PO Box 16664

Birmingham

B2 2JQ

PIU.OR@insolvency.gov.uk

Disclaimer: Curated by HT Syndication.