Northern Irish haulage firm Tinnelly International Transport (TIT) has become the latest haulage firm to enter a pre-pack administration and have its assets bought by a related company just hours later.
The assets had been sold to Tinnelly Transport, a company owned and run by Kevin Tinnelly, who was also the owner and director of TIT, for a total of £60,000.
Subject ID: 28497
MoreNorthern Irish haulage firm Tinnelly International Transport (TIT) has become the latest haulage firm to enter a pre-pack administration and have its assets bought by a related company just hours later.
The assets had been sold to Tinnelly Transport, a company owned and run by Kevin Tinnelly, who was also the owner and director of TIT, for a total of £60,000.
The new firm was set up on 1 December 2008, initially trading as Tynan Contractors, but Kevin Tinnelly was appointed director on 5 February and it changed its name to Tinnelly Transport five days later.
Tinnelly Transport from Rostrevor, Co Down
Subject ID: 28497
Subject ID: 28497