# Momentum Coach Hire Ltd (05598382)

> Why UK company 05598382 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05598382

- **Status:** Administration ended
- **Administration began:** 2014-01-30
- **Administrators' firm:** Harrisons Business Recovery and Insolvency
- **Formerly:** MY Company Momentum Limited; Fest Limited
- **Incorporated:** 2005-10-20
- **Location:** Reading
- **Industry:** 49390 Other passenger land transport

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated on 20 October 2005 and carried on business as a coach trip booking portal, website and telesales operation from premises at Unit 16 Grove Business Park, White Waltham, Berkshire, SL6 3LW.

After a period of satisfactory trading, the business started experiencing severe cash flow

difficulties in recent months, following a change in the payment terms requested by their

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05598382/filing-history/MzA5NjgyNzI4NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05598382

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