# The Phoenix Car Company Limited (SC173815)

> Why UK company SC173815 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC173815

- **Status:** Administration ended
- **Administration began:** 2019-02-06
- **Administrators' firm:** KPMG
- **Incorporated:** 1997-03-25
- **Location:** Glasgow
- **Industry:** 45111 Sale of new cars and light motor vehicles

## Why it went into administration

- Regulatory change or action
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Parent or group failure
- Competition / price pressure

## From the administrators' statement

= The Phoenix Car Company Limited (the “Company”) was incorporated in March 1997 as a car dealership based at Linwood, near Glasgow.

m= The Company is part of a group of companies (the “Group”), which operated several vehicle dealerships across Scotland under the Phoenix brand. The Group sold new and used cars of various marques and also operated a bodyshop centre from its leasehold premises at Linwood.

m The Group’s peak trading occurred in 2011, when it generated sales in excess of £149 million, from which a profit before tax of c£61,000 was achieved.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC173815/filing-history/MzIzMDkzNTYzNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC173815

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