# Broach Hill Garage Limited (02003217)

> Why UK company 02003217 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02003217

- **Status:** Administration ended
- **Administration began:** 2022-08-16
- **Administrators:** Sean Williams, Richard Pinder
- **Administrators' firm:** Leonard Curtis
- **Formerly:** Saxonwheel Limited
- **Incorporated:** 1986-03-24
- **Location:** Leeds
- **Industry:** 45111 Sale of new cars and light motor vehicles

## Why it went into administration

- COVID-19
- Weak consumer demand
- Funding withdrawn / unable to refinance

## From the administrators' statement

Broach Hill Garage Limited (“the Company”) was incorporated on 24 March 1986 and operated as a franchised car dealership, service centre and body shop. The Company traded from leasehold premises at Beverley Road, Cranswick, Driffield, YO25 9PQ which is owned by the Company’s 100% shareholder, Angela Good.

Latterly, the Company operated its new vehicle sales under franchise agreements with MG Motor UK (“MG”) and SsangYong Motors UK (“SsangYong”) and held a unit stocking facility with Santander Consumer (UK) Plc (“Santander”), and Northridge Finance (“Northridge”) for the purchase of new and used vehicles. Santander hold a fixed and floating charge against the Company in respect of their facility; Northridge do not hold any formal security against the Company

The Company had historically been profit making, however it began facing financial difficulties when the COVID-

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02003217/filing-history/MzM1NDY0NTAwMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02003217

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