A statement of affairs has been published by liquidators BTG Begbies Traynor about Woodstock-based company Cotswolds Cars Ltd.
Within the document, it is revealed that the business has creditors worth over £250,000, more than in its latest accounts which was to August 31, 2024.
READ MORE: Cotswolds car company to be liquidated amid £111,000 debts
Of the £255,798.49 it owes, £188,317.03 is to the taxman HM Revenue and Customs.
In addition, £43,389.46 is to IWOCA, which is based in London and offers business loans, and £24,092 is to Funding Circle, another business loan company.
This comes after it went into voluntary liquidation on July 13, with a resolution to wind-up the business having been passed on…