Moseley (PCV) in adminstration
Moseley (PCV), the Pontefract dealership for VDL, Indcar and Beulas coaches, has gone into administration with all but eight staff made redundant.
The dealership closed its Moseley in the South arm early in the lockdown, with an auction of vehicles based there, but appears to have been unable to keep the business viable. The business is now closed, and the administrator now charged with finding a buyer for the business or its assets.
A statement from the administrator reads: “Mark Hodgett and Phil Pierce from specialist business advisory firm FRP were appointed Joint Administrators of Moseley (PCV) Ltd (“the Company” or “Moseley”) on 16 June 2020.
“Headquartered in Pontefract, West Yorkshire, Moseley is the largest, independently owned distributor of new and used coaches in the UK. It is the official importer for new VDL, Beulas and Indcar coaches and supplies to operators across the tourism, transport and education sector. It also supports customers with vehicle preparation, after sales and technical support.
“The Company had faced significant challenges in recent months following a reduction in its order book after the coronavirus pandemic led customers to postpone or delay the purchase of new coaches. This, combined with the shutdown of the UK tourism sector and the restrictions put in place as a result of coronavirus, led Moseley to operate in a limited capacity from March and ultimately enter administration.
“Following their appointment, the Joint Administrators are now marketing the business and its assets for sale. Unfortunately, 29 employees have been made redundant and the remaining eight employees have been retained to manage customer enquiries and support with after sales as the Joint Administrators urgently seek a buyer.
“Mark Hodgett, Joint Administrator of Moseley (PCV) Ltd, said: “Over the last 60 years Moseley has firmly established itself as an industry leader, renowned by customers across the UK for providing a high-quality service and best-in-class products. Our priority is now to ensure minimum disruption for customers as we market the business for sale, and I’d like to thank the firm’s employees for their continued support throughout this process. We will also be working closely with the Redundancy Payments Service to support those affected and would urge any other interested parties to contact us as soon as possible.”
“Interested parties should contact Mark Hodgett at FRP on [email protected]. ”
Moseley Distributors based in Airdrie is a separate company, and unaffected by the administration.