# Epsom Motor Company Limited (04574857)

> Why UK company 04574857 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04574857

- **Status:** Administration ended
- **Administration began:** 2012-11-23
- **Administrators:** Philip James Watkins, Philip Lewis Armstrong
- **Administrators' firm:** FRP Advisory
- **Formerly:** Red Lion 18 Limited
- **Incorporated:** 2002-10-28
- **Location:** London
- **Industry:** 45112 Sale of used cars and light motor vehicles

## Why it went into administration

- Weak consumer demand
- Property / lease costs

## From the administrators' statement

21 The Company has operated as a Rover, Chrysler and finally Suzuki franchised motor dealership as well as being an authorised Chrysler and Suzuki repairer and service/parts provider. The Company was Incorporated in 2002 and traded out of leasehold premises in Epsom with a total of 15 employees

22 The Company had three key revenue streams, being vehicle sales, servicing and parts Both the new and used car markets have suffered a marked down turn since 2008 as a result of the reduction in consumer discretionary spending.

23 Following the reduction in vehicle sales in 2009 and the losses incurred, the directors implemented a number of measures to reduce the cost base. The directors sought to reduce expenses such as advertising and professional fees, directors’ remuneration fell and a number of employees were made redundant.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04574857/filing-history/MzA3MTI3Mjg2NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04574857

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