# Portland Realisations (Trucks) Limited (02598570)

> Why UK company 02598570 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02598570

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02598570/filing-history/MzA1MTI1NDk5NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02598570

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