Vehicle transport specialist Glasgow Car Movers has entered administration with all 25 of its staff made redundant.
Established in 1999 in Uddingston, Glasgow, the company regularly transported more than 1,000 vehicles each week across the UK and relied on a fleet of 28 HGVs operating out of two bases.
According to administrator Interpath Advisory, the company had experienced liquidity pressures, in part due to the impact of the Covid-19 pandemic, coupled with rising costs.
After reviewing their options, the directors resolved to appoint administrators on 12 September.
Interpath added that the business ceased to trade prior to their appointment and, with no prospect of trade resuming, the joint administrators made the company’s 25 members of staff redundant.
Alistair McAlinden, head of Interpath Advisory in Scotland and joint administrator, said: “Our immediate priority is to provide employees with the support and information they need to be able to make claims from the redundancy payments office, while effecting an orderly wind-down of the business.”