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Published 6 days ago • loading... • Updated 5 days ago
UK-based vehicle hire company enters administration after 15 years in business
The company’s website has shut as joint administrators take control of the insolvency process after a £16.5 million buy-out, Fleet News reported.
Loughborough-Based Reflex Fleet Solutions has entered administration, with the company's website shut down following the filing. The vehicle hire firm provided flexible rental services for commercial vehicles across the UK.
Reflex Fleet Solutions Limited acquired the business in October 2025 in a £16.5 million buy-out, Fleet News reported. The firm previously operated as Reflex Vehicle Hire, with history dating back to 2011.
Elizabeth Welch, Conrad Beighton, and Andrew Poxon of Leonard Curtis were appointed joint administrators on August 20, according to The Gazette. Notices filed weeks earlier signaled the company's intent to appoint insolvency practitioners.
A statutory moratorium provides "breathing space" from creditor enforcement actions during administration. Administrators must formulate proposals within 8 weeks, with proceeds distributed to creditors in statutory order of priority if a business sale occurs.
The collapse adds to a difficult 2026 for the UK retail sector, with several businesses entering administration. The Accell Group's collapse has placed the 139-year-old British bikemaker Raleigh at particular risk of closing.