# Skytrac (Rail) Solutions Ltd (07853451)

> Why UK company 07853451 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07853451

- **Status:** Administration ended
- **Administration began:** 2016-09-09
- **Administrators:** Elizabeth Galbraith Mackay, Anne Clare O'Keefe, Peter Mark Saville
- **Administrators' firm:** AlixPartners
- **Formerly:** Skytrac Rail Solutions Ltd
- **Incorporated:** 2011-11-18
- **Location:** Manchester
- **Industry:** 46390 Non-specialised wholesale of food, beverages and tobacco

## Why it went into administration

- Loss of a key customer, supplier or contract
- Competition / price pressure

## From the administrators' statement

The Company was an on-board retailer of refreshments to train passengers on the FTPE network and its principal asset was a service agreement (the Contract) with FTPE which commenced in 2012 As part of the Contract, FTPE funded all of the Company’s trading activities and expenditure, as well as payment of a fixed monthly management fee to the Company

Following a competitive tender process in August 2016, the Company was unsuccessful in its bid to renew the Contract and the successful bidder was confirmed as RG On 25 August 2016, FTPE served the Company with notice to terminate the Contract with effect from 30 September 2016

The termination notice triggered a requirement for the Company to commence a TUPE consultation process no later than 28 days prior to 30 September 2016, in order to allow the transfer of the Company’s employees to RG on the same date, however, the Company failed to engage in this process.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07853451/filing-history/MzE1OTk4NzQ2NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07853451

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