# Broadbridge Heath Motor Company Limited (00686986)

> Why UK company 00686986 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00686986

- **Status:** Administration ended
- **Administration began:** 2013-01-04
- **Administrators:** James Richard Tickell, Carl Derek Faulds
- **Administrators' firm:** Leonard Curtis
- **Formerly:** Fisher's Garage (Horsham) Limited
- **Incorporated:** 1961-03-20
- **Location:** Fareham
- **Industry:** 45111 Sale of new cars and light motor vehicles

## Why it went into administration

- Sustained trading losses

## From the administrators' statement

The company was incorporated in 1961 and traded as a motor dealership from leasehold premises in Broadbridge Heath The company held Peugeot and Citroen franchises and activities comprised new and used car sales, service and parts sales There were 33 employees at the time of our appointment

Until 2008 the company was a subsidiary of City Motor Holdings Limited, which also owned subsidiaries holding a range of franchises in Basingstoke, Newbury and Reading The ultimate parent was CWC (UK) Limited The funding for the company’s operation was provided principally by a secured bank overdraft which was guaranteed by the other companies under a group facility arrangement A holding company guarantee also supported the lease to the company’s premises, the obligations under the franchises to Peugeot and Citroen and a used car stocking joan agreement with Black Horse

A summary of the recent trading results in set out below

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00686986/filing-history/MzA3MjUyMTgxMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00686986

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.