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Gulliver's Truck Hire Goes Into Administration

Written by Robert Moore Marketing Manager 19 December 2018

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Gulliver's Truck Hire Goes Into Administration

Gulliver's Truck Hire, which was founded in 1960 and is headquartered in St Philip's Bristol has gone into administration.  The firm operates 4,500 trucks.  Administrators at KPMG said that the firm had been suffering significant cashflow problems.  All 311 employees have been made redundant.  They will be paid all their wages owed prior to Christmas according to the Administrators.

In a statement the administrators said; “Despite efforts to turnaround and reposition the business, the company was forced into administration.

"[The] directors [have taken] the difficult step of appointing administrators. We have worked with stakeholders to ensure that outstanding wages can be paid.

"In addition, we will work to ensure all employees who have been affected by redundancy receive all information and support they need in order to claim any other monies owed to them from the Redundancy Payments Office.

The Redundancy Payments Office will take about 6-8 weeks to process any claims.  It is essential that any affected workers start to claim Jobseekers Allowance as soon as possible as this will be deducted from any compensation.

For more information on employee’s rights then read this page.

Categories: What is administration

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