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Webberbus Limited (05130334): administration

Status
Administration ended
Administration began
2016-05-27
Administrators
Simon Robert Haskew, Neil Frank Vinnicombe
Administrators' firm
Begbies Traynor
Incorporated
2004-05-18
Location
Bristol
Industry
49390 Other passenger land transport

From the administrators' statement

The Company was incorporated in September 2004 to carry on a business that had operated previously for many years as an unincorporated venture The Company operated a number of rural and inter-urban bus services and local town routes in Somerset and North Somerset under contract to Somerset County Council and North Somerset Council This accounted for around 85% of its operations It also operated dedicated yellow school buses on contracted work, and also a fleet of coaches for private hire

The Company first approached Begbies Traynor for advice on Monday 9 May 2016 when a meeting with three of the Company's officers and the financial controller took place to discuss the Company's financial positon and its options

Shortly afterwards, certain key local authonty contracts with the Company were terminated with immediate effect On Wednesday 11 May 2016 the directors decided that the Company could not continue to operate and plans to cease trading were put tn place A further meeting with Company executives took place at our office in Bnstol at 3pm on Thursday 12 May 2016 At that meeting the practicalities of ceasing to trade became the main topic for consideration, given that the Company occupied six different premises in Bndgwater, Taunton, Minehead and Wellington, operated a fleet of 65 passenger coaches and buses and employed around 127 people Arrangements were quickly made to coordinate with the local branch of the RMT Union and the Rapid Response team from the local unemployment benefit office The following day, Fnday 13 May 2016, we attended the Company's main site at Bndgwater to assist the Company’s board in relation to tt making the majonty of the staff redundant that morning

Administrators' statement of proposals (2016-08-04) · Companies House register

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Webberbus Limited (05130334)

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