Dear Halton Borough Council,

Subject; The demise of Halton Borough Transport Ltd

What amount of money is involved in the loan or loans made to Halton Borough Transport by Halton Council approved by the Councillors. Can dates be given for when approved.

What amount of money is required from Halton Council in winding up the company.

What amount is the value of the approx. 68 buses. Are all the buses serviceable.

What if any, building and or land assets remain with Halton Council in servicing its loan or loans.

Yours faithfully,

James A Owen

Halton Borough Council

Dear Mr Owen,

Thank you for your enquiry. The enquiry has been logged on our FOI tracking system and is being dealt with.

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Should you have any further queries please quote this reference number.

Please use [Halton Borough Council request email] for any further correspondence.

Thank You

Sarah
Halton Direct Link.

Sent By UserID: 1675

Ed Dawson, Halton Borough Council

Dear Mr Owen

 

Many thanks for your request below under the Freedom of Information Act,
the answers to which are as follows;

 

Q1. What amount of money is involved in the loan or loans made to Halton
Borough Transport by Halton Council approved by the Councillors. Can dates
be given for when approved.

A1. The Council approved the granting of a commercial loan to Halton
Borough Transport Limited on 10^th July 2019. This approval was granted
within part 2 of the agenda as the report is exempt information under the
Local Government Act 1972 due to commercial reasons. The information
requested cannot therefore be provided.

 

Q2. What amount of money is required from Halton Council in winding up the
company.

A2. There is no amount of money required from Halton Borough Council in
order to wind-up Halton Borough Transport Limited. The Council has certain
amounts currently outstanding with Halton Borough Transport Limited, which
the Liquidator will consider along with all other Creditors as part of the
liquidation process.  

 

Q3. What amount is the value of the approx. 68 buses. Are all the buses
serviceable.

A3. The Council does not hold this information as it would be held by
Halton Borough Transport Limited. However, as indicated within the
Company’s published accounts the majority of the buses are subject to
leasing arrangements and are not therefore owned by the Company.  

 

Q4. What if any, building and or land assets remain with Halton Council in
servicing its loan or loans.

A4. The Council holds a charge against all of Halton Borough Transport
Limited’s assets.

 

 

 

Many thanks

Ed Dawson

 

Operational Director, Finance

Halton Borough Council

Request Id : 8720

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Forename : James A
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Information Requested : Dear Halton Borough Council,

Subject; The demise of Halton Borough Transport Ltd

What amount of money is involved in the loan or loans made to Halton
Borough Transport by Halton Council approved by the Councillors. Can dates
be given for when approved.

What amount of money is required from Halton Council in winding up the
company.

What amount is the value of the approx. 68 buses. Are all the buses
serviceable.

What if any, building and or land assets remain with Halton Council in
servicing its loan or loans.

Yours faithfully,

James A Owen

References

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1. mailto:[FOI #639495 email]