Bob Maxwell, partner, and Andrew Mackenzie, director, of Begbies Traynor have been appointed as joint administrators of South Yorkshire coach company, Tates Travel Ltd which has collapsed with the loss of 62 jobs
One of the largest privately owned bus companies in the region, Barnsley-based Tates Travel was founded in 2003 and had a fleet of around 50 vehicles. The company operated a number of bus services centered on the Barnsley and Rotherham areas, with services radiating out to Doncaster, Meadowhall, Dewsbury, Morley and Wakefield. It operated a number of school contracts in the region.
The company ceased trading on 9 February 2016 with all 62 staff being made redundant. Begbies Traynor has liaised with the relevant local authorities in South and West Yorkshire to ensure an ongoing service for all of Tates Travel’s bus routes.
Andrew Mackenzie, joint administrator and Begbies Traynor director, said: ‘Unfortunately, the business proved unable to cope with excessive finance costs.
‘It is, however, good news that all school runs have now been taken care of and we have been able to minimise any disruption to passengers. We are now in the process of dealing with the company’s affairs.’
