Maytree Travel - Bolton

[Mayneway]

RE: Maytree Travel - Bolton

(05/04/2013 18:33)motormayhem Wrote:  But they dont have a new fleet for future development as the fleet was all leased and believe this is why no big national company would buy it out as they basically had no assets,no commercial network and bidded way below the economic figures that they needed to turn a profit on the tenders they won as im led to believe they bidded 1/3 less then any other company did which means they was going to find it hard to turn a profit.

Yep. Exactly the same way Speedwell did in Hyde some years earlier. In order to obtain and then keep tenders than barley broke even on them. Their own fleet was old and in poor condition, thier only decent vehicles were leased. So when the pot dried up and they began struggling non of the big boys would go near as it was worthless.
There was clearly something at Maytree that MCT saw potential in. I'm thinking it may have been long term with perhaps some commercial services on the cards but who knows.