Edinburgh-based dealership Leven Cars has gone bust following two years of ‘difficult trading conditions’.
Stuart Robb and Michelle Elliot – of Leonard Curtis – were appointed Joint Administrators of Leven Cars Group Limited on Tuesday 7th January.
The company which was incorporated in January 2014, has multiple car dealerships based in Edinburgh and Selkirk, including Rolls Royce, Aston Martin, Lotus, Kia, Suzuki, Mitsubishi and Caterham.
The Company, which employs 139 staff across its four dealerships, has ceased trading. At this stage, none of the Company’s employees have been made redundant whilst the Administrators assess the Company’s financial position and explore the possibility of finding a buyer for all or parts of the business.
The Company will continue to maintain a presence at the Company’s dealerships for a short period of time to ensure that any customer queries can be addressed.
Joint Administrator, Stuart Robb commented: “We are currently assessing the Company’s financial position with a view to seeking a buyer for all or parts of the business. This is a unique opportunity to acquire a business with a strong reputation, excellent customer base, and a highly knowledgeable and loyal workforce.”