Coventry-founded transport business fined after 'swerving £27,000 in tax'

Petru Trans Limited has been fined by HMRC
Petru Trans Limited has been fined by HMRC -Credit:DPP Business and Tax

A Coventry-founded freight transport business that owes thousands of pounds in tax has been fined by HMRC (HM Revenue and Customs). Petru Trans Limited was included in a list of companies and people who have not paid tax over a certain period.

Petru Trans Limited was founded in November 2020 and has been based in a number of city locations, including Edgwick Road, Eagle Street, Brownshill Green Road, and Broad Park Road. It was found to have dodged £26,974 in tax over the five-month period from March 1, 2022, to July 31, 2022.

HMRC said Petru Trans Limited has been ordered to pay a fine of £24,950. As of March 2024, the firm now operates from Runcorn Road in Birmingham.

READ MORE: Coventry CEO says he had to hire from abroad due to 'skills gap' in the UK

A person or business is named publicly if they have deliberately defaulted on more than £25,000 in tax, says HM Revenue and Customs. It explained how it publishes the list in a bid to 'encourage defaulters to engage with HMRC.'

Joes Burgers Ltd, of Coventry Road in Birmingham, was also included on the list after failing to pay £30,606 in tax from April 2020 to April 2021. It has now been ordered to pay back the full sum, says HMRC.

A number of other companies were also found to have failed to pay tax in the West Midlands. Among them were Sparrowapp Ltd, Matthews Electronics Limited and Golden City Limited in Selly Oak.

Sign up for our FREE daily newsletter here for all the latest news about Coventry.