TXM Plant Limited has filed a notice of its intention to appoint an administrator.
An application was filed in the name of the road-rail equipment specialist with the Companies Court yesterday (Wednesday 10 January).
Leeds law firm Walker Morris is listed in the court documents as the company’s representative.
Founded in 2012, TXM Plant is understood to be the largest supplier of road/rail vehicles in the UK, with eight depots nationwide.
It was originally known as NDS Plant, part of Network Rail, and prior to that Hydrex.
The Wigan company’s website appears to have been disabled.
Accounts for the year ended 29 April 2022 show turnover of £38.9 million (FY2021: £31.6 million), generating a pre-tax loss of £2.1 million.
TXM was approached for comment.
Walker Morris declined to comment.
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