NWI Logistics Limited, an Oxfordshire-based transport warehousing and storage business, has entered members’ voluntary liquidation after more than 20 years of trading.
The company operates from a storage site in Steventon near Abingdon and was incorporated in October 2005.
Its members approved a voluntary winding-up resolution at a meeting on October 8, according to documents submitted to Companies House.
The filings indicate that NWI Logistics entered the process while solvent, rather than as a business brought down by significant debts.
Estimated assets amounted to £257,498, with only £420 outstanding to unsecured creditors.
Following the deduction of £3,500 in winding-up costs, the company expected to have £253,578 left for its members.
Directors said the business should be able to settle its debts in full, together with interest, within 12 months.