West Midlands transport company enters administration

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.


Share this article



Latest Businesses for Sale

Car Garage
Maidstone, Kent, South East, UK

The company was Established in 1982, providing an honest and reliable service at all times, and is proud to be recognised as a highly reputable Car Garage in Maidstone. Providing car servicing to all makes and models of vehicles such as: Dent removal...

Asking Price: £259,950
Turnover: £464,306

LEASEHOLD


Car Sales, Tyres, Servicing & MOT Business
Carmarthenshire, Wales, UK

The business is a very well-established car sales, repair, MOT, tyre and servicing specialist, offering an ideal location with 2 large buildings separated into 4 main sections, offering much scope for further expansion and development. The site is hi...

Asking Price: £279,995
Turnover: £1,036,221

LEASEHOLD


Two Site MOT & Garage Specialists
Chesterfield, Derbyshire, UK Wide

The business is split into two sectors, with two separate sites. The first site is an Mot and repair garage specialising in class 3,4, 5 and 7. The business is also set up for class 1 MOT’s. There is a second site which is also included in the price...

Asking Price: £219,950
Turnover: £380,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
20
 
Aug
 

EAG construction business snapped up by Elaghmore | BUSINESS SALE

English Architectural Glazing Limited (EAG) has been snapped...

 
19
 
Aug
 

Childcare entrepreneur boosts portfolio with Liverpool acquisition | BUSINESS SALE

The Griffin Nursery, a children’s day nursery in Bootl...

 
15
 
Aug
 

Payroll and HR companies acquired by software group | BUSINESS SALE

IRIS Software Group has finalised the agreement of intent to...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources