# Apex Traffic Firm Collapses Amid Tax Debt

Page: https://stenobird.com/podcast/glasgow-news-today-2-min-news-the-daily-news-now-7610185/apex-traffic-firm-collapses-amid-tax-debt
Text version: https://stenobird.com/podcast/glasgow-news-today-2-min-news-the-daily-news-now-7610185/apex-traffic-firm-collapses-amid-tax-debt.md
Podcast: [Glasgow News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/glasgow-news-today-2-min-news-the-daily-news-now-7610185)
Published: 2026-06-06T08:16:28+00:00
Episode link: https://api.fastcast.ai/audio/b9a9fc99-3756-4639-89d7-16ee78f4c254.mp3
Audio file: https://api.fastcast.ai/audio/b9a9fc99-3756-4639-89d7-16ee78f4c254.mp3
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Duration seconds: 102

## Resource

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: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/159318b46478cbb9

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