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.
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