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.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline