A small family-run used car dealership appears to have appointed insolvency practitioners, just weeks after the business closed without warning.
Car Dealer reported on December 4 that the doors to Swanson Motor Company had suddenly slammed shut with a message confirming the closure appearing on the firm’s website.
The Newton Abbot-based Ford specialist told customers that it has been forced to close ‘due to unforeseen circumstances’ and a meeting of the business’s creditors was scheduled for December 9.
It was widely expected that a vote would take place on whether to appoint liquidators and begin winding up proceedings.
While no official minutes from the meeting appear to have been published, it now seems that creditors…
