The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
South West; Gloucestershire; Wiltshire and North Somerset
Location of affected unit(s)
Bristol
Sector
Administrative Services Rental And Leasing Activities Rental And Leasing Of Motor Vehicles 77.1 - Rental and leasing of motor vehicles
311 jobs Number of planned job losses
Announcement Date
18 December 2018
Employment effect (start)
Foreseen end date
Description
Bristol based vehicle hire company Gulliver's Truck Hire has confirmed that it is to close resulting in the entire workforce being made redundant. The business which has operated since 1960 and had a fleet of 4,500 vehicles employed a total of 311 staff. The timeframe for the closure has not yet been confirmed, though the administrators have announced that the business will continue to trade for a short time to enable the sale of some of the vehicles in order to reimburse creditors.
Sources
Citation
Eurofound (2018), Gulliver's Truck Hire, Bankruptcy in United Kingdom, factsheet number 96269, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96269.
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