Gael (Kilmarnock) Limited (SC129552): administration
- Status
- Administration ended
- Administration began
- 2013-11-29
- Administrators
- Blair Carnegie Nimmo, Gerard Anthony Friar, David John Standish
- Administrators' firm
- KPMG
- Formerly
- Century (Management Services) Limited; Brightagent Limited
- Incorporated
- 1991-01-24
- Location
- Glasgow
- Industry
- 45111 Sale of new cars and light motor vehicles
From the administrators' statement
In May 2002, Verve purchased the Gael Motor Company, who had a franchise in Crookedholm, Kilmarnock. We understand that the assets and trading of this company have been assimilated into Verve, such that the company is no longer trading, with only an intercompany debt due from Verve.
In December 2004, Fleet was incorporated to undertake hire fleet operations.
Events leading up to Insolvency Verve, the ultimate parent of Fleet and Gael, was incorporated in February 1998 and was a well known operator of car dealerships in Central Scotland. Verve had been experiencing general trading difficulties in recent years, due to a downturn in the market and reduced availability of finance.
Administrators' statement of proposals (2014-01-20) · Companies House register