Premiere Travel

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Premiere Travel
image
Bus 3347, one of the companies MAN A22/Wright Meridians.
Founded September 2002
Headquarters Trent Wharf, Meadow Lane, NG2 3HR, Nottingham, United Kingdom
Service area Nottinghamshire
Service type Bus
Routes 44
Hubs Nottingham
Stations Trent Wharf
Fleet 100 buses and 13 coaches
Fuel type Diesel
Operator Premiere Travel .LTD
Chief executive Steve Greaves
Website www.premierebuses.co.uk now closed down

Premiere Travel was a family-owned bus and coach operator largely serving the Nottinghamshire area. The company was formed in 2002 with a pair of Leyland Nationals and developed into a significant size providing mainly local bus services.

It ceased trading on 25 January 2013, due to increasing debts within the company, it was reported that Mr Greaves wanted to sell Premiere Travel onto a buyer who could clear the debts and it was also said he wanted too sell Premiere on so he could retire.[1]

Contents

History [edit]

Veolia Transport sold the bus and private hire coach operations of Dunn-Line, its Nottingham-based subsidiary, to Premiere from January 2011, along with between thirty and forty vehicles.[2]

On 24 January 2013 it was announced that the company had been placed in administration.[3] On 25 January 2013 at 17:00hrs they ceased operating with immediate effect after a buyer for the business was not found.[4]

Administration and collapse [edit]

On 21 January 2013, a notice of intention to appoint an administrator has been filed, protecting it from creditors.[5] This leaked into the media on January 24 with numerous articles circling online from BBC News, Nottingham Post[6] and Route One.[7] Paul Finnity, from RSM Tenon, said: "Premiere is a company which... has expanded quickly... but... perhaps too rapidly."[8]

It was announced on 25 January, that as of 1700hrs, Premiere Travel would cease operations. Trent Barton and Nottingham City Transport had installed measures to ensure Premiere customers can continue to use their tickets on the relevant trentbarton and Nottingham City Transport services.[9]

Following the collapse of Premiere over 200 staff have been made redundant but some have been taken on by Yourbus who've gained the UniHopper contracts and Premiere National Express work both of which Premiere had gained in early 2011, some of their former employees have also been taken on by Skills and Silverdales of Nottingham.[citation needed]

References [edit]

External links [edit]

Media related to Premiere Travel at Wikimedia Commons