10:42 am, August 7, 2026
Liquidators for online used car retailer Carzam are still trying to trace vehicles sold around the time it went into administration more than four years later.
They have been examining the ownership history of vehicles through DVLA records as part of an ongoing investigation into the company’s collapse and financial affairs.
Newly-filed documents on Companies House show joint liquidators are continuing to look at vehicles transferred around the time Carzam entered administration in June 2022, with the work still preventing the liquidation from being concluded more than four years later.
Carzam was an online used car supermarket which targeted Cazoo and launched in the wake of the pandemic.
While the latest annual progress report provides only a brief update, an earlier report filed last year reveals the scale of the investigation.
The liquidators said they had contacted a number of third parties who appeared to have taken receipt of vehicles associated with Carzam around the date of its administration because they required ‘greater clarity on the transfer of value’ connected with those vehicles.
As part of the investigation, they obtained ownership details from the DVLA for a sample of vehicles, contacted their current owners and then worked backwards to establish how ownership had changed.
The report also says they wrote to a related party requesting information about its involvement with the vehicles and were awaiting responses to help them reach further conclusions.
The latest report confirms the enquiries remain ongoing, with liquidators continuing to correspond with all parties while they seek to conclude their investigation.
Elsewhere, the documents reveal the investigation forms part of a wider review into the company’s collapse.
The liquidators say they have been investigating the actions of various parties leading up to the administration and subsequent liquidation, reviewing company records, making enquiries of former employees and corresponding with numerous third parties to identify potential claims that could benefit creditors.
The outcome of the vehicle investigation could prove important for creditors.
The latest report says unsecured claims totalling £19.73m have been submitted by 173 creditors, but there are currently insufficient funds to make a distribution. Any future dividend will depend on the conclusion of the ongoing investigations and the payment of preferential creditors.
The liquidators have also identified a VAT receivable of £40,586, which they expect to recover from HMRC alongside further recoverable VAT.
Outstanding matters before the liquidation can be completed include concluding the vehicle investigation, settling HMRC liabilities, reclaiming VAT, making any dividend payments and issuing a final report.