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Brexit, fuel costs and cyberattack preceded haulier’s collapse 

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A Dunstable haulage firm that survived Brexit and a cyberattack has finally run out of road, collapsing into administration after its former managing director bought the business back through a connected company.

Trans Haul (Europe) entered administration on 3 July 2026, with Steven Glanvill and Neil Money of CBA Business Solutions appointed joint administrators. The firm had operated for more than two decades, running a fleet of over 45 trucks and 60 trailers alongside more than 150,000 sq ft of warehousing, and generated annual turnover of around £6.5 million.

According to the administrators’ report to creditors, the collapse was years in the making. Brexit-related disruption hit first, followed by fuel costs that spiked after Russia’s invasion of Ukraine. Then, in 2025, a cyberattack struck — not the killer blow itself, the report suggests, but a costly addition to pressures already squeezing the business. With a creditor threatening enforcement action, administration became the only way to protect what remained of the company’s assets.

What followed raises its own questions. The business and assets sold in a £170,000 pre-pack deal to THEL Midlands — the only bid received, despite five expressions of interest. Companies House records show Trans Haul’s managing director, Nigel Machado, had himself been a director of THEL Midlands, with significant control over the company until 6 July 2026 — three days after the administration began. On the same date, Paul Dyer, previously listed on Trans Haul’s own website as general manager and described by the administrator as a former senior consultant, took over as THEL Midlands’ director and person with significant control.

The £170,000 is being paid in deferred instalments, with an added kicker: 1% of turnover above £6 million at the end of each of the first two years. Twenty-seven employees transferred to the purchaser under TUPE.

The timing stings. Just months before administration, Trans Haul had been expanding: a March Traffic Commissioner notice shows it was cleared to open a new operating centre in Leighton Buzzard, with room for 21 vehicles and 41 trailers. Its latest filed accounts, covering the year to 31 December 2024, predate the cyberattack entirely, leaving the full financial picture of its final year undocumented on the public record.

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