Preston-based operator Walton Swift Ltd has gone into liquidation.
The firm, which operated from Longridge Road, provided bus and coach private hire for a range of customers including schools and professional football clubs.
However, the business built up heavy debts and has been forced to call in liquidator Unique Debt Solutions Ltd in Bolton.
Walton Swift was formed in 2005 following a merger of Walton Taxis Ltd and Swift Taxis (North West) Ltd.
According to the firm’s website it served Premier League football clubs, as well as rugby and cricket teams and their official supporters’ clubs. It also provided school transport, airport and ferry terminal transport.