1:57 pm, September 30, 2011
THE loss of several commercial contracts forced Motorauctions Leeds into administration, Car Dealer has learned.
Last week we revealed that the auction firm went into administration leaving dealers out of pocket.
Since then, administrators Begbies Traynor have issued a press release confirming Motorauctions Leeds’ situation.
‘The directors of the company called in administrators Begbies Traynor last week following the loss of a number of commercial contracts,’ read the release. ‘All 25 full time and part time staff employed at the premises in Hillidge Road were made redundant on September 16.’
Dealers should contact Begbies Traynor on 0113 2375560.
