Mon, 09 Dec 2013 | ADMINISTRATION
Hastings Rail Catering Services Ltd has ceased trading and entered liquidation after struggling to generate sufficient revenue to continue.
The business traded on board Southeastern Rail on its Hastings to London Charing Cross route. It sold refreshments under the name ‘Grub on the Go’ but ceased trading at the end of October this year.
Jon Beard and John Walters, partners with Begbies Traynor, were appointed as joint liquidators on 29 November and were advised by the directors that the best way to continue was to put the business into a creditors’ voluntary liquidation.
Ray Chapman, a director with Hastings Rail Catering Services, explained that the team were “disappointed” that they could not continue to operate the firm. He added: “Revenues, when not affected by matters beyond the company’s control, demonstrated that there is a viable business to be operated and we understand discussions are under way between Southeastern and former employees of the company regarding recommencing catering services on their routes.”
At the moment it is unclear what will happen to the company’s assets. A total of 11 employees have been made redundant due to the closure of the firm.
____________________________________________________________________________
Related information:
View the latest businesses in administration
Established UK based software product company, that is focused on producing innovative and transformational large-scale software solutions to manage complex Networks, IT infrastructure and Services for Telecoms Operators & CSP’s, Smart Energy, Large...
An opportunity to purchase the assets of a well-established printing specialist business based in the North East.
A boutique hotel located on the North West coast of England, with sea views and within close proximity to other leisure amenities. The hotel attracts both corporate trade and also weddings and other similar functions with the grade II listed building...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.