Coseley-based bodyshop AF Smart Repairs Limited has been bought out of receivership by the existing directors in a pre-pack deal.

Insolvency practitioner SFP has successfully completed the sale to newco AF Accident Repairs Limited.

In 2017, the company suffered the sudden loss of their largest customer, losing up to 90% of their turnover. The business recovered, however, and took on new clients until at its peak, in 2019, the company turned over of circa £1.3m.

Unfortunately AF Smart Repairs was hit especially hard by the pandemic, as the lockdowns meant that there were significantly fewer vehicles on the road, which resulted in fewer accidents and repair work.


David Kemp and Richard of SFP were appointed as Administrators on 21 September 2021 and AF Smart Repairs Limited was subsequently sold to AF Accident Repairs Limited on the same day, which included the transfer of all 22 employees.

David Kemp said: “We are aware of how much the pandemic affected small businesses.  Seeking professional guidance can be crucial – as it was in this case – in salvaging the business going forward. We are pleased to see 22 people keep their jobs and look forward to seeing AF Accident Repairs taking on existing and new clients and continuing to keep drivers’ vehicles on the road.”

Published by Greg Whitaker

Editor of CAT Magazine and an experienced motoring journalist @GregWhitaker5

GSF Car Parts opens two new branches in Southern England

New locations aim to improve the firm’s delivery times in West Sussex and North London

Read More

WAI signs agreement with Motus to expand into South African market

The move will “further expand the number of solutions we bring to the global aftermarket”

Read More

Hand car washes to be targeted in new government immigration probe

Around 1,000 staff, previously assigned to the now-abandoned Rwanda deportation scheme, will lead the effort

Read More

“Import more mechanics” or aftermarket garages will grind to a halt, government told

The sector is in an employment pit with vacancy rates at 5.1 per 100 employees, its highest point in 21 years

Read More

Movers and Shakers: Aussie joins A1 ADAS Solutions Group

All the latest changes from across the sector, including new roles, promotions, and retirements

Read More

Go to comments

Your email address will not be published. Required fields are marked *