CMS (Kidderminster) Limited (02114466): administration
- Status
- Administration ended
- Administration began
- 2023-08-16
- Administrators' firm
- FRP Advisory
- Formerly
- Loopmedium Limited
- Incorporated
- 1987-03-24
- Location
- London
- Industry
- 45111 Sale of new cars and light motor vehicles
From the administrators' statement
The Company was incorporated on 24 March 1987 and traded as a family operated car dealership and servicing and repair workshop from the outset. The two active Directors, Lisa Fellows and Luke Mezzone are brother and sister who took over the business from their father, and previous Director, in June 2021.
Since incorporation, the Company operated as a franchisee of Vauxhall and therefore operated as a Vauxhall dealership. The nature of this type of relationship resulted in Vauxhall providing the Company credit lines for the purchase of new and used cars as the main source of stock in their showroom and fleet car sales. This was provided via Stellantis.
A total of four leasehold premises were utilised to support the day-to-day operations of the Company, namely the Car Showroom, the surrounding land at the Car Showroom, the PDI Centre and an Office Building.
Administrators' statement of proposals (2023-10-16) · Companies House register