Central Taxis (Coventry) Limited (02689692): administration
- Status
- Administration ended
- Administration began
- 2017-05-12
- Administrators
- Kieran Bourne
- Administrators' firm
- Cromwell Insolvency
- Incorporated
- 1992-02-21
- Location
- Coventry
- Industry
- 49320 Taxi operation
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
Central Taxis (Coventry) Limited (“the Company’) was incorporated and started trading on 21 February 1992 under registration number 02689692. The Company was a taxi operator and traded from 108 Far Gosford Street, Coventry, CV1 5EA.
The Company was controlled and ran by Mr Krishan Verma (“the Director’).
Although not directly employed, the Company had approximately 500 drivers working for it, operating both black cabs and minicabs. The drivers were required to pay a set weekly sum to the Company to be on its register and receive work through its central office.
Administrators' statement of proposals (2017-06-20) · Companies House register