ADMINISTRATORS FROM PwC have been appointed to Leaseway Vehicle Rental.
Bruce Cartwright (pictured), Laurie Manson and Ian Green of PwC were appointed joint administrators to the commercial vehicle leasing company on 1 December.
It currently employs 225 people and has approximately 13,000 vehicles.
Cartwright, head of business recovery at PwC Scotland, said the administrators would continue to trade the business and meet contractual obligations, while also seeking a buyer.
The business, which was established n 2003, leases directly to companies. Approximately 80% of its fleet is made up of commercial vehicles, such as vans and 20% are cars. It has sites in Glasgow, Newcastle, Leeds, Manchester, Birmingham and London.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children