United Kingdom

Details

  • Industry: Automotive
  • Type: Press release
  • Date: 04/07/2014

Brian Leighton (Garages) Limited in Administration 

Howard Smith and Jonny Marston of KPMG were appointed Joint Administrators of Brian Leighton (Garages) Limited (the ‘Company’) on 25 June 2014.

The Company operated a Nissan, SsangYong and Isuzu dealership as well as a Land Rover servicing centre in Howden, near Goole, East Yorkshire.

 

From the same site, which is a freehold property (3.56 acres), the Company also operated a used car dealership, a BP petrol forecourt and a 24-hour Spar shop.

 

The Joint Administrators are trading the business in a limited capacity by continuing to trade the Spar shop. The remainder of the business was closed down pre-appointment.

 

The Company employed 81 members of staff. The majority were made redundant prior to the appointment of the Joint Administrators. Sixteen members of staff have been retained to operate the Spar shop.

 

Howard Smith, Associate Restructuring Partner at KPMG, said: “The Brian Leighton business experienced severe cashflow difficulties in recent months, which hindered its ability to meet its financial obligations and fund new vehicles.

“We are currently reviewing options to find buyers for the premises and assets, as well as the petrol forecourt business and Spar shop. Interested parties are encouraged to get in touch.

 

“We have staff on site to assist employees with any queries and claims to the Redundancy Payments Office.”

 

Sale of business enquires should be directed to Stuart Janes or Ian Campbell – 0113 231 3907 / 0113 231 3036

 

Creditor queries/retention of title claims should be directed to Thomas Swiers – 0113 231 3316

 

Employee queries should be directed to Jayne Turner – 0113 231 3028

 

ENDS

Alastair Henry
Citypress (on behalf of KPMG)
T. 0161 235 0320 / 07738 206847
E: alastair.henry@citypress.co.uk
KPMG press office: 020 7694 8773


Notes to Editors:
About KPMG
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with approximately 11,500 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2013. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 155,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

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