Northumberland Travel have commenced operation of route 471 between Alnwick and Thropton, taking over from Liberty Coaches.
They have acquired two PSVAR-compliant Mercedes Sprinters for the service, the origins and identities of these are unknown as they rely heavily on generative AI for their social media posts.
Northumberland Travel
Northumberland Travel
RE: Northumberland Travel
seen them at alnwick bus station at the weekend, but not tracking at all??
couldn't tell you what vehicle it was, but the plates had a Scottish sticker on them
not too confident with them given their seizure inducing social media posts, but then again, that's not what makes somebody a good operator or not
couldn't tell you what vehicle it was, but the plates had a Scottish sticker on them
not too confident with them given their seizure inducing social media posts, but then again, that's not what makes somebody a good operator or not
RE: Northumberland Travel
Companies House is interesting
The previous incarnation (run by the same guy) dissolved just 4 months after being set up in 2023.
The current one looks dicey as out - heavily funded by creditors (over £185k on supplier trade)
Overall, while the company is fundamentally profitable and expanding its asset base, these are high-risk accounts showing a severe liquidity crisis where short-term debts heavily outweigh liquid assets . The business is in a vulnerable financial position because it has aggressively funded long-term vehicle expansion by delaying massive payments to its suppliers
The previous incarnation (run by the same guy) dissolved just 4 months after being set up in 2023.
The current one looks dicey as out - heavily funded by creditors (over £185k on supplier trade)
Overall, while the company is fundamentally profitable and expanding its asset base, these are high-risk accounts showing a severe liquidity crisis where short-term debts heavily outweigh liquid assets . The business is in a vulnerable financial position because it has aggressively funded long-term vehicle expansion by delaying massive payments to its suppliers
Wistfully stuck in the 90s