UK car giant plunges into administration as all employees lose their jobs

Car dealership Cars4You falls into administration - see all seven sites closing down Scottish car dealership business Cars4You has collapsed into administration - making redundant 26 people - and seven sites, including Edinburgh, closing their doors A UK car dealership business has collapsed into administration - with all 26 employees facing redundancy. Cars4You, which operated used-car dealerships across Scotland for 10 years, entered administration on October 2. George Dylan Lafferty, of BTG Begbies Traynor (Central) LLP, was appointed administrator. The family-run business headquartered in Edinburgh had sites in Edinburgh West, Edinburgh, Straiton, Dunfermline and Falkirk. It also promoted two additional businesses, E-Cars4You and Performance-Cars4You, which were both based on Bankhead Drive in the west of Edinburgh. Thomas McKay, managing partner of BTG's Scotland and Northern Ireland offices, said the firm was "implementing safeguards" at the showrooms and providing support to affected employees. To see more of the stories you love from The Mirror and to find them easily in Google then make us your preferred source. Free and easy-to-do, just click on the link here to find more from The Mirror at the top of your feed. In a post on LinkedIn, Mr McKay said: "BTG have been appointed administrators over Cars4you Ltd by the company lenders BCA. We have implemented safeguards across the car showroom sites all over Scotland and are providing support to the employees affected by this engagement." The business is understood to have an online inventory of around 1,500 vehicles, including used cars and light commercial models, the Express reports. Speaking about the staff affected by the decision, Mr McKay told specialist automotive news outlet AM-online: "At this point in the process we can confirm that sadly, all 26 employees have been made redundant, and we have been working closely with those affected to help them access the support and financial entitlements available to them, including assistance from Partnership Action for Continuing Employment (PACE) and the Redundancy Payments Service. "Our priority is to ensure the employees receive the guidance and advice they need during this process, and also to maximise the return from the sale of assets including vehicle stock to benefit the creditors." The Mirror has today contacted the administrators, BTG Begbies Traynor, for comment. See full list of sites in danger of closing - Edinburgh West - Edinburgh - Straiton, South Ayrshire - Dunfermline, Fife - Falkirk - E-Cars4You, Edinburgh - Performance-Cars4You, Edinburgh It comes after Telford Transport Solutions Limited, a warehousing and logistics operator based in Telford, Shropshire, was placed into administration after directors acknowledged the company was insolvent. Its offerings included local, national and international courier services, alongside warehousing and distribution operations. David Kemp and Richard Hunt of Exigen Group were appointed as joint administrators on October 2, according to The Gazette. Exigen confirmed that over several months the firm accumulated HMRC arrears of approximately £1.2 million.