Lou's Tyres Limited (03873392): administration
- Status
- Administration ended
- Administration began
- 2023-03-22
- Incorporated
- 1999-11-09
- Location
- Driffield
- Industry
- 45200 Maintenance and repair of motor vehicles
Why it went into administration
- COVID-19
From the administrators' statement
For many years, the Company had traded successfully, establishing an extensive customer base in the vehicle repair, MOT servicing and tyre repair and replacement sector.
The company was also the sole shareholder of a subsidiary company, Tyre UK Wholesale Limited, which specialised in the supply of car parts.
The company continued to trade successfully, investing funds into its subsidiary and developing its customer base.
Administrators' statement of proposals (2023-05-20) · Companies House register