OREANDA-NEWS. August 28, 2009. Tsar Timber Distribution Ltd has recently gone into liquidation with the liquidators citing the market downturn as the cause, WPBI reported.

Rumours had been circulating in the trade that the Hull-based company, which handled lumber, plywood and mill work and was one of the biggest Russian importers, had ceased operations.

The company was also mentioned in a report in The Daily Telegraph on HM Revenue and Customs’ decision to impose backdated port rate bills on port businesses.