Over 1,000 jobs lost as Auto Windscreens is closed
The administrators of Auto Windscreens have confirmed that 1,042 staff have been made redundant and the business closed.
The news came as joint liquidators, Chris Farrington and Matt Cowlishaw of Deloitte, said that despite an intensive marketing period a sale of the whole business had not been possible.
Markerstudy is known to have bought 19 freehold and leasehold properties along with the right to use the Auto Windscreens brand name.
Chris Farrington, joint liquidator and partner at Deloitte commented: "Our focus at the outset was to seek funding for a trading period and to run an intensive marketing period in
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Zurich strikes five-year capacity deal with MGA Freedom Services
- Pen inks £150m social housing capacity deal with SiriusPoint
- RSA and NIG brands to become one next year but undecided on name