Vehicle hire business seeks fresh protection less than a year after pre-pack rescue

Image credit: Reflex Fleet Solutions
A Loughborough vehicle hire business has filed a second notice of intention to appoint administrators, just six months after buying the operations of Reflex Vehicle Hire through a pre-pack deal. Reflex Fleet Solutions filed its latest notice today, following its first NOI on Wednesday 5 August through law firm Shoosmiths, securing protection from creditor action as it considers its next steps. Options include a sale, refinancing, restructuring or administration. The latest filing comes around six months after Reflex Fleet Sol... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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