Gulliver's Truck Hire Limited (00685638): administration
- Status
- Administration ended
- Administration began
- 2018-12-18
- Administrators' firm
- KPMG
- Formerly
- Gulliver's Travels Self Drive Limited
- Incorporated
- 1961-03-08
- Location
- Bristol
- Industry
- 49410 Freight transport by road
Why it went into administration
- Sustained trading losses
- Competition / price pressure
- Weak consumer demand
- Rising costs / inflation
- Cash flow / liquidity pressure
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated in 1961 and operated a hire fleet of commercial vehicles, ranging from standard trucks and trailers to more specialist vehicles such as refuse collection vehicles and road sweepers.
Vehicles were provided to customers under either long-term contract hire or short-term/rolling rental agreements, with the Company employing its own team of mechanics to service and maintain the fleet.
The Company serviced a range of customers across a number of industry sectors, with the top 15 contract hire customers being concentrated in the logistics, refuse collection and construction sectors.
Administrators' statement of proposals (2019-02-26) · Companies House register