On 11 September 2015 Bob Maxwell and Lee Lockwood of Begbies Traynor in Leeds were appointed as joint administrators of well-known West Yorkshire coach company, Geldards Coaches Limited.
The largest privately owned bus company in the region, Geldards Coaches was founded in 1991 and has a fleet of around 50 vehicles and 50 staff. From its Leeds base, the company operated a wide range of routes in the local area for daily school transport, excursions and group travel, as well as offering executive coach hire.
In August 2015, there was a fire at the company’s premises off Whitehall Road in Farnley which destroyed half of a coach repair workshop and damaged three vehicles.
Joint administrator Bob Maxwell said: “Unfortunately, it is commonplace for companies subjected to a major fire not to survive and this is the case here.”
The administrators are now looking for a buyer for the business.
Mr Maxwell continues: “One of our key concerns has been attempting to minimise disruption to the services operated by Geldards Coaches, particularly the school routes it provides. We have spoken to all the customers and we are in the process of arranging to provide emergency cover where required. If parents are in any doubt, they should contact their school.”