Arran Motors Limited (06037628): administration
- Status
- Administration ended
- Administration began
- 2011-12-14
- Administrators
- Janette Elliott, Jason Mark Elliott
- Administrators' firm
- Elliott of Cowgill Holloway Business Recovery
- Incorporated
- 2006-12-28
- Location
- Manchester
- Industry
- 7487
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was tncorporated in December 2006 for the sole purpose of selling second hand cars via the
internet, with low mark-up
The business was initially financed by the personal savings of both directors and subsequently, all generated profit from the business was utilised to replenish stock levels
Administrators' statement of proposals (2012-01-24) · Companies House register