Holt Cars Limited

Date Published: 09/02/2022

Joanne Hammond and Kris Wigfield of Begbies Traynor were appointed as joint administrators to new and used vehicle retailer Holt Cars Limited on 2nd February 2022.

Based on London Road in Alvaston, Derby, the company experienced a downturn in trade as a result of Covid, together with the withdrawal of UK Mitsubishi sales which was announced in July 2020, resulting in a significantly lower number of new cars available for sale than forecast. The business employed 12 people and all staff have been made redundant.

The joint administrators are working to realise the company’s assets.

The premises at 998 London Road, Alvaston Derby, DE24 8QA is being marketed for sale through Eddisons, visit https://eddisons.com/properties/998-london-road-alvaston-derby-derbyshire-de24-8qa/ to find out more, or call James Dale or Paul Oddy on 0114 2449121 or email James.Dale@eddisons.com or Paul.Oddy@eddisons.com.

About The Author

Meet the Team

Jo is a Licenced Insolvency Practitioner based in the Sheffield office.

Since qualifying as an Insolvency Practitioner in 2014, Jo has handled a large number of insolvency appointments and, more recently, has overseen the corporate case team in the Sheffield office. Jo has impressive technical knowledge and is adept at managing complex administrations and investigations, with particular expertise in bank-led work.

Jo has spent her entire career with the business having initially joined on work experience after leaving university in 2007.

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