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Collapsed Cotswolds car business' over £250K debts revealed amid liquidation
['Matthew J C Evans']
Witney Gazette | News
A statement of affairs has been published by liquidators BTG Begbies Traynor about Woodstock-based company Cotswolds Cars Ltd.
Within the document, it is revealed that the business has creditors worth over £250,000, more than in its latest accounts which was to August 31, 2024.
READ MORE: Cotswolds car company to be liquidated amid £111,000 debtsOf the £255,798.49 it owes, £188,317.03 is to the taxman HM Revenue and Customs.
READ MORE: High-quality UK holiday provider to be liquidated amid £41K debtsOn the government website, Cotswolds Car Ltd’s nature of business was listed as ‘other passenger land transport’.
This covers non-urban, non-taxi land transport, including airport shuttles, motor coach with driver, sightseeing buses, and passenger transport by animal-drawn vehicles.