Tates Travel Limited (06481448): administration
- Status
- Administration ended
- Administration began
- 2016-02-11
- Administrators
- Robert Alexander Henry Maxwell, Andrew Graham Mackenzie
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2008-01-23
- Location
- Leeds
- Industry
- 49390 Other passenger land transport
Why it went into administration
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
From the administrators' statement
Tates Travel was started by Mr Graham Mallison in 2003 The business was started with one minibus It subsequently grew and tn 2004, Mr Mallison was Joined by his Son-in-Law, Mr Scott Woolley
The business developed and began offering school services and commercial routes under agreement with local authorities In 2007 tt further expanded following the acquisition of the business of Stanley Garth Coaches Limited out of Adminstration This gave Tates Travel an offering in West Yorkshire
On 23 January 2008, the business incorporated and became Tates Travel Limited and under the directorship of Mr Mallison and Mr Woolley, it continued to increase the number of services it ran
Administrators' statement of proposals (2016-04-12) · Companies House register