Precisely two years since Peter Waddell was "delighted" that private equity firm Freshstream had invested into his Big Motoring World car supermarket group he has found himself terminated as a director at Companies House.

Waddell, who founded the business in the 1980s and oversaw its expansion into a five-site chain before he sold a third of his stakeholding to Freshstream in 2022, was ousted acrimoniously from its leadership team last month in a boardroom shake-up.

A Companies House record update this week shows Waddell is now terminated as a director.

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