Halton Transport

[Raawwwrrr!]

RE: Halton Transport

(15/03/2018 19:34)FC Pictures Wrote:  can`t see them making much profit from a one depot operation in a small unlucrative town.they no longer have the budget for any new vehicles either

Within the small unlucractive town of Widnes, Halton have a higher frequency over their main competitor Arriva, and are also the consumer favourite, being seen as the more 'reliable' operator. Their fares are cheaper and they're the only operator within the Halton region to offer student day/weekly tickets at a reduced rate.

They're one of, if not the largest school and college operators in the Halton region.
Not only do they have a host of Merseytravel contracted services within the Liverpool City region, they have also gained the ever-extending contract with Riverside College to provide all of their college buses to/from both campuses. Within the last few years alone, this has expanded into a further 6 routes (40,42, 44a, 46, 47 and 48), and the college now provide every single member their students who live 1.5 miles away or more with a HBT pass, and pay HBT for the provision (It also means that students aren't using the competitors services where available outside of college hours).

They may not have the newest of fleets, or purchased a new vehicle for a while, but that means that the amount of debt the company has to be settled (of which there is five loans, two of which are fixed rate), their liabilities are ever decreasing year on year. The networth of the company and the amount of assets that they own has only just started to decrease, following a peak in 2016. As a whole, the company is currently performing better than it was 2012-2015, and impressive fact considering subsidiaries and ridership are lower. (Financial information taken from Companies House, using Company Check as a database).