Tue, 25 Oct 2011 | ADMINISTRATION
The assets of luxury train excursion firm Cargo-D Ltd, which traded as Rail-Blue Charter, are to be sold after it entered administration recently.
Carl Jackson and Sandy Kinninmonth of RSM Tenon have been drafted in to take care of matters for the firm, which has ceased to trade.
The firm owes customers thousands of pounds, and they could face difficulties getting their money back despite a call from the administrators for customers to fill in forms to show how much they are owed. Those who paid using a credit card are being urged to seek a refund from their banks.
Rail-Blue Charter had scheduled a private excursion from the North East through Yorkshire and into Cumbria for 9 September. Customers did not receive their tickets, costing between £69 and £179.
RSM Tenon made a statement, “RSM Tenon is currently conducting an initial review of the business, with a view to selling assets for the benefit of creditors. No further services will be provided as the company has ceased to trade.”
Trips took passengers between various locations across the UK including from London to Glasgow, while upcoming trips this year were to include Didcot to York, Durham and Newcastle; and Lincoln to Bath and Bristol for the Christmas Markets.
Rail-Blue Charter catered for sporting events, business events, weddings, film and media and leisure travel.
Presenting an opportunity to acquire a very profitable plumbers and heating merchants business operating nationwide.
Presenting to the market a financially robust builders merchants business for sale, located in Merseyside.
A long-standing construction wholesale operation, freehold substantive site with three storey brick building.
01
|
May
|
Testing technology firm acquired at 3.5x revenue | BUSINESS SALE
MK Test Systems Limited, a Somerset company that designs and...
01
|
May
|
Portfolio of 24 northern pubs acquired by Punch Pubs & Co | COMMERCIAL PROPERTY
A portfolio of 24 pubs across the North East and Yorkshire h...
01
|
May
|
West Midlands engineering firm acquired in pre-pack deal | BUSINESS SALE
A specialist engineering firm based in the Black Country has...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
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.