# Mike De Courcey Travel Limited (01360645)

> Why UK company 01360645 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01360645

- **Status:** Administration ended
- **Administration began:** 2020-08-24
- **Incorporated:** 1978-03-30
- **Location:** Birmingham
- **Industry:** 49390 Other passenger land transport

## Why it went into administration

- COVID-19
- Loss of a key customer, supplier or contract
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure

## From the administrators' statement

Creditors shouid note that, uniess otherwise stated, this section of my propasais has been prepared based on information provided to me by the Directors of the Company and not from my personal knowledge as Joint Administrator. The Company was founded in 7972 by Mike de Courcey, as a bus and coach operator based near Coventry in the West Midlands region of England. lf operated local bus services in the Coventry and Warwickshire area, including schoo! services, as well as other key contracts across the UK.

The Company's head office and management functions operated from leasehold premises at Tel! Bar End in Coventry, close to Coventry Airport and major road networks, where it employed the majority of its office and management staff, Within the samme property, there was a coach garage and workshop. The Company also held two ieased premises in Birmingham, which it used to securely store coaches.

The Company employed approximately 200 staff, which included office staff, drivers and mechanics and had an average annual turnover for the fast five years, prior to 2019, of cirea £15m. The Company was well respected in the sector for many years. for providing an excellent service and received many awards, including in 2017 a Queen's Award for Enterprise in the Sustainable Development category.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01360645/filing-history/MzI3OTkwODMyNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01360645

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.