Details of the financial woes are not yet clear and should emerge after the meeting later this week.

ClarkLift Nederland BV describes itself as "a total logistics provider". It sells Clark equipment and also provides rental and leasing services.

Sister organisation Total Service is the service arm, providing maintenance, repairs and forklift testing.

Forkliftaction.com News is investigating the collapse and current trading position of the businesses and hopes to publish an update next week.