Brookes Chauffeur Services draws up CVA
Luxury transport company has agreed a Company Voluntary Arrangement to address its debts
Brookes Chauffeur Services has entered into a company voluntary arrangement
after debts seriously affected the executive car company’s fortunes.
The company owed £300,000 including £150,000 to the taxman,
the
Daily Telegraph reported.
Brookes, 80 per cent owned by retail entrepeneur Kevin Stanford, also had
unpaid debts to accountants Dendy Neville.
Today, Brookes’ management confirmed that the company was still trading after
setting up the CVA.
‘We’re still fighting the good fight,’ Simon Hill, the MD of the company.