J T Leyland Limited, based in Ackenthwaite near Milnthorpe, appointed Rajnesh Mittal and Benjamin Jones of FRP Advisory as joint administrators on 21 September. The appointment was subsequently published in the London Gazette. The company provided haulage, distribution and warehousing services from its base close to the M6, handling full and part loads, pallet freight and same-day deliveries. Its own website describes a fleet ranging from vans and 7.5-tonne vehicles to 44-tonne artics, while the company was also a member of the Pall-Ex pallet distribution network.
Operator licensing records show J T Leyland was authorised for 25 vehicles and 30 trailers at its Station Yard operating centre, as well as additional trailer capacity at a second site in Milnthorpe. The business also operated more than 70,000 sq ft of warehousing, providing short- and long-term storage as well as order picking and container stuffing and destuffing.
According to information provided by FRP, the company had experienced challenging trading conditions, with rising costs creating financial pressure that ultimately led to the decision to enter administration. All 43 employees were made redundant, although a small number were retained on a consultancy basis to assist with the wind-down. The administrators said they would support affected staff with claims to the Redundancy Payments Service.
Accounts show sharp deterioration
The company’s latest accounts, covering the year to 31 October 2025 and filed at Companies House in July, show that its financial position had already weakened significantly. Net assets fell from £272,990 in 2024 to negative £26,338 in 2025, while cash at bank dropped from £29,864 to just £1,300. The latest balance sheet also showed around £445,000 in bank borrowings and overdrafts and approximately £443,000 owed to suppliers.
Companies House records also show that a new charge was created against the company on 15 June 2026, around three months before the administration. An older charge dating from 2018 was recorded as fully satisfied on 14 September, exactly one week before the administrators were appointed. The public filing record alone does not establish whether those financing changes were connected to the subsequent insolvency.
The company had 45 employees on average during its 2024/25 financial year, compared with 46 a year earlier. J T Leyland had presented itself as having more than 50 years’ experience in haulage, although the current limited company was incorporated in 2017. The administrators are now carrying out an orderly wind-down and seeking to maximise the value of the company’s assets for creditors.
