Portland Realisations (Trucks) Limited (02598570): administration
- Status
- Administration ended
- Administration began
- 2011-11-29
- Administrators' firm
- Menzies
- Formerly
- Trucks Limited; Trucks (Holdings) Limited; Trucks Limited; Incomehire Limited
- Incorporated
- 1991-04-05
- Location
- Fareham
- Industry
- 6024
Why it went into administration
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
The company was incorporated in Apnl 1991 and changed its name from the incorporated name, Incomehire Limited, to Trucks Limited in June of that year carrying out waste temoval and disposal from premises in Fareham, Hampshire
In August 1993, it became the holding company to the Trucks Group of companies and changed Its name to Trucks (Holdings) Limited at that tme The subsidiary, Trucks Coastal Limited, became the main trading entity
The remaining subsidiaries, Coastal Tippers Limited, Ashley Crescent Properties (Southampton) Limited, Trucks Small Works Limited and Trucks Roadpace Limited are dormant and ownership was subsequently transferred to the parent company, Hoare Construction Group Limited
Administrators' statement of proposals (2012-01-24) · Companies House register