Grimsby-based motor factor BCS Carmen Ltd has gone into administration. The £500,000 turnover company, which delivered across throughout north Lincolnshire, has been forced to make its nine employees redundant as it no longer has funds to pay them.
Accountancy firm Baker Tilly has been appointed joint administrator and is looking for parties to buy the company’s assets, comprising £140,000 of stock, plus building and equipment.
“We are also working with the employees who have been made redundant to ensure that they will receive the money they are entitled to,” says Alec Pillmoor, a partner at Baker Tilly.
BCS Carmen was established in 1991, when Brake & Clutch Services amalgamated with Carmen Supplies. Carmen started as Garage Supplies in the 1940s.
Login to comment
Comments
No comments have been made yet.