Episode
Apex Traffic Firm Collapses Amid Tax Debt
- Published
- Jun 6, 2026
- Duration seconds
- 102
- Processing state
not_requested
Actions
POST https://stenobird.com/v1/public/podcasts/glasgow-news-today-2-min-news-the-daily-news-now-7610185/episodes/apex-traffic-firm-collapses-amid-tax-debt/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/glasgow-news-today-2-min-news-the-daily-news-now-7610185/apex-traffic-firm-collapses-amid-tax-debt.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
Apex Traffic Management, a Scottish firm specializing in event and roadwork traffic control, has collapsed into administration after HMRC pursued a £1 million tax bill, triggering the loss of 119 jobs. Despite earning nearly £10 million in its final year, the company was crippled by VAT debt — partly from a client’s liquidation — and faced mounting monthly charges of over £30,000. Directors’ proposed six-month repayment plan was rejected, forcing them to seek administration. Though a new venture could boost revenue by £2 million, no agreement with HMRC was reached. Administrators are now helping clients find alternative suppliers to ensure highway safety. HMRC emphasized they support businesses with tax debts and only resort to winding-up as a last resort to protect public funds, noting Time to Pay options exist but come with strict conditions. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/159318b46478cbb9