York taxi business enters administration
On 25th November 2016, Rob Sadler and Dave Broadbent of Begbies Traynor in York were appointed as joint administrators of Six Five Nine Cars Ltd.
The business, which has traded in York for over 15 years, has one of the largest fleets of private hire vehicles in the city. Â
Located on Layerthorpe, Six Five Nine Cars is continuing to trade while a buyer is sought.
All 10 support staff have retained their jobs, along with the drivers all of whom are self-employed.
Joint administrator Rob Sadler said: âUnfortunately, the business has recently suffered from management issues and cash flow problems.
âThis led to a creditor asking the Court to put the company into administration.
âHowever, it is very much business as usual for customers, staff and drivers. We have already received enquiries from a number of interested parties and we are confident that we will be able to find a buyer for the business as a going concern, so delivering the best return possible for creditors.“
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people