# Truemans Coaches (Fleet) Limited (03893583)

> Why UK company 03893583 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03893583

- **Status:** Administration ended
- **Administration began:** 2020-04-27
- **Administrators' firm:** KRE Corporate Recovery
- **Incorporated:** 1999-12-14
- **Location:** Reading
- **Industry:** 49390 Other passenger land transport

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

3.1 In March 2020 with the government lockdown came the total cessation of the company’s tour and day excursion programme, private hire bookings, school bookings and school contracts. After Friday 20th’ March all vehicles were

' ‘mothballed’.-

3.2 As the company did not come into the ‘Leisure’ industry category, no grants or rate relief were available and bank loans. were extremely difficult to obtain, it soon became apparent that Truemans had a cash flow problem.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03893583/filing-history/MzI2ODIyNjIyNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03893583

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