Mon, 25 Mar 2019 | ADMINISTRATION
The company behind the Ring and Ride services throughout the West Midlands has collapsed into administration.
Accessible Transport Group (ATG), which encompasses Ring and Ride West Midlands and ATG Contract Services, has been forced to call in financial advisory firm Duff & Phelps to handle the administration process, with partners Matthew Ingram and Tyrone Courtman appointed as joint administrators.
The charity group, thought to be the largest of its kind in the UK, provides accessible transport services to those with mobility impairments in both urban and rural areas, with roughly 700 members of staff and 600 vehicles to its name.
Despite going into administration, ATG has said it will continue its trading operations until a solution is found for the long-term services of the company.
Ingram said: “The majority of the services that the charities provide are vital to those that rely on them for transport on journeys they would not otherwise be able to make.
“We understand the uncertainty and concern that the appointment of administrators will have on all of the service users, in addition to the employees, suppliers and supporters of the charities.
“We are in contact with Birmingham City Council, Transport for West Midlands and the West Midlands Combined Authority and are working with them to try and ensure that there is no interruption to the day to day operations of the charities whilst we seek to secure the long-term provision of the essential services they provide.
“We will of course be communicating either directly or in collaboration with the local authorities to all of those who are affected by our appointment to ensure that they understand its ramifications and minimise the uncertainty as far as we are able.”
Click here to view the Accessible Transport Group Limited listing for full details.
For more news stories about administrations click here. For all our administrations listings, click here.
An established removal and storage business with a solid reputation presents a unique investment opportunity to enter a thriving market.
An estate agency in the London area is available for acquisition, offering a strategic opportunity to tap into the thriving London property market.
This marketing and recruitment company is well-positioned in a thriving industry, offering immense growth potential for the right investor.
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.