Collapsed truck dealership had been struggling for years, administrators reveal


 

Roanza, the Mercedes truck dealer that entered into administration last month, had been racking up losses for several years, according to insolvency practitioners. The company operated across eight leasehold sites predominantly in the north west of England and employed 441 staff, including at subsidiary Premier Vehicle Rental – which entered administration on the same day, 8 September. In a report to creditors, Jason Bell and Sarah O’Toole at Grant Thornton, said a deterioration in trading performance was driven by a […]