Gulliver's Truck Hire

Type
Bankruptcy
Country
United Kingdom
Region
South West (England); West of England; Bristol, City of
Location of affected unit(s)
Bristol
Sector
Adminstrative / Support Services
77 - Rental and leasing activities
77.1 - Rental and leasing of motor vehicles
77.1 - Rental and leasing of motor vehicles
311 jobs
Number of planned job losses
Job loss
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.

Citation

Eurofound (2018), Gulliver's Truck Hire, Bankruptcy in United Kingdom, factsheet number 96269, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96269.