Mayne Coaches Limited (00438523): administration

Status

Administration ended

Administration began

2022-02-14

Administrators

Rehan Ahmed, Jeremy Nigel Ian Woodside

Administrators' firm

Quantuma

Formerly

Barry Cooper Coaches Limited; R Wood & Sons (Tours) Limited

Incorporated

1947-07-08

Location

Manchester

Industry

49319 Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)

From the administrators' statement

3.1

3.2

As detailed above, the Company had been in decline for number of years and was loss-making; the COVID-19 pandemic had compounded matters. Whilst funds advanced by a shareholder had assisted in plugging short term gaps in the Company’s working capital, the Company continued to be loss making. Therefore, the director approached the Company’s accountant, Cowgills, for advice on the position.

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Mayne Coaches Limited (00438523)

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