Car Collection Services placed in administration
A FAMILY-owned ‘vehicle logistics’ company which was founded 60 years ago on the border of Cheshire and Wales has been placed in administration as a result of escalating fuel prices and the economic slump.
Car Collection Services, which is based at Penymynydd near Chester, specialised in moving HGVs, LGVs, cars, vans and caravans around the UK and Europe.
Gary Lee and Dean Watson of the Manchester office of Begbies Traynor were appointed adminsitrators on August 25.
Speaking to TheBusinessDesk.com, Mr Lee said: “We immediately tried to find a buyer for the business as a going concern but it quickly became obvious that this was unlikely to happen.
“We have since sold on the company’s list of clients to another party and are now in the process of selling off its assets.
“There are a number of transporters and other vehicles for sale and we would ask anyone who is interested in buying them to contact us.
“Car Collection Services has been a family-owned business for two generations but the current owners are of an age when they don’t want to take the company forward.
“The haulage sector is also an intensely difficult one to be in at the moment as a result of the economic situation and rising fuel prices.”
The company’s website shows that it had a fleet of 20 transporters as well as a range of covered trailers for ‘high value and sensitive loads’.
