Chiltern Travel Limited (07469398): administration
- Status
- Administration ended
- Administration began
- 2015-05-14
- Administrators
- Nicholas Charles Osborn Lee, Dean Anthony Nelson
- Administrators' firm
- SC Advisory Services
- Formerly
- Silver Acorn Enterprises Ltd.
- Incorporated
- 2010-12-14
- Location
- Derby
- Industry
- 49390 Other passenger land transport
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
As stated at paragraph 1.2 above, the Company entered into a leasing agreement with SME Asset Finance Limited (“SME”) in July 2014 im respect of a Mercedes Benz Tourism Coach (“the Coach”)
During April 2015 the Company was ordered to pay the sum of c.£278.2k to SME by 29 April 2015 following Judgment being made 1n the Bedford County Court.
The Company failed to comply with the terms of the Order made and SME were advised that the Coach had been moved from England without their consent and in contravention of the finance agreement.
Administrators' statement of proposals (2015-07-17) · Companies House register