Coys of Kensington Automobiles Limited (04627057): administration
- Status
- Administration ended
- Administration began
- 2020-04-17
- Administrators
- Anthony John Wright, Alastair Massey
- Administrators' firm
- FRP Advisory
- Formerly
- Coys Limited
- Incorporated
- 2003-01-02
- Location
- London
- Industry
- 45190 Sale of other motor vehicles
Why it went into administration
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated in 2003 and commenced trading shortly thereafter. As at the date of administration, the Company had two directors, Christopher Routledge and Benjamin Manch.
The Company operated as an international auction house specialising in dassic and exotic racing cars.
The Company traded from a leasehold showroom premises in Richmond, London. The showroom facility enabled potential purchasers to view selected motor vehicles at their convenience. The Company also utilised a local storage facility for private client’s cars pending a sale of the vehicle to ensure security of the vehicle was maintained.
Administrators' statement of proposals (2020-06-25) · Companies House register