{"id":123072,"date":"2026-07-17T07:00:00","date_gmt":"2026-07-17T06:00:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=123072"},"modified":"2026-07-17T01:56:28","modified_gmt":"2026-07-17T00:56:28","slug":"uk-car-dealer-enters-liquidation","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/uk-car-dealer-enters-liquidation\/","title":{"rendered":"Major UK Car Dealer Enters Liquidation after Seven Years in Business"},"content":{"rendered":"\n

Drive City Cars, an independent used car dealership based in Greater Manchester, has entered creditors’ voluntary liquidation after operating since 2019. The decision was formally approved on 11 June, with the appointment of a liquidator recorded in an official notice published shortly afterwards.<\/p>\n\n\n\n

The development marks another insolvency affecting the UK automotive sector during recent months. According to Companies House and the London Gazette, the company has begun the formal winding-up process through a voluntary resolution passed by its shareholders.<\/p>\n\n\n\n

The dealership traded from John Street in Hyde, Greater Manchester, where it described itself as an independent retailer <\/strong>specialising in used vehicles. Its stock included a broad range of family cars, sports models, SUVs and, on occasion, motorcycles.<\/p>\n\n\n\n

According to the London Gazette, a special resolution and an ordinary resolution were passed at a general meeting held on 11 June 2026.<\/strong> The resolutions confirmed that the company would be wound up voluntarily and that Tauseef Rashid of Qimzen Advisory had been appointed as liquidator for the purpose of the winding up.<\/p>\n\n\n\n

Formal Liquidation Process Begins<\/strong><\/h2>\n\n\n\n

Drive City Cars Ltd was incorporated in June 2019, according to Companies House, and had been trading from its registered and principal address on John Street in Hyde, Greater Manchester. The company <\/a>has now entered creditors’ voluntary liquidation, a process initiated by the company’s directors when a business is unable to continue trading <\/strong>and its creditors are involved in the insolvency procedure.<\/p>\n\n\n\n

The London Gazette published the official notice on 17 June following the resolutions passed six days earlier. The notice identifies Tauseef Rashid, insolvency practitioner at Qimzen Advisory, as the appointed liquidator. It also provides the company’s registered office and principal trading address, together with contact details for the insolvency process.<\/p>\n\n\n\n

At this stage, the published notices do not provide any information regarding the effect of the liquidation on employees. No further details about the company’s financial position or the reasons behind the decision have been disclosed in the official records referenced.<\/p>\n\n\n\n

\"\"
Drive City Cars enters voluntary liquidation after seven years of trading \u00a9 Shutterstock<\/em><\/figcaption><\/figure>\n\n\n\n

Latest Insolvency Follows Other Automotive Businesses<\/strong><\/h2>\n\n\n\n

Before entering liquidation<\/a>, Drive City Cars advertised a variety of used vehicles, including models such as the Ford Fiesta, Vauxhall Ampera, BMW 1 Series, BMW 6 Series convertible and Dacia Duster. The dealership had also listed motorcycles, including a BMW M1000RR Carbon.<\/p>\n\n\n\n

The company’s liquidation follows several other insolvencies involving businesses within the automotive sector. According to reports, The Car Sales Factory Limited<\/strong>, a used car dealership based in Lancashire, appointed liquidators in early June.<\/p>\n\n\n\n

Dub Custom Cars Limited, an Essex-based vehicle customisation and repair business, also appointed liquidators on 30 June. The company had specialised in vehicle customisation services, including vinyl wrap applications. Another recent case involved KleanDrive Ltd<\/strong>, an Essex company focused on electric vehicle conversions, which entered administration in May.<\/p>\n\n\n\n

According to Companies House and the London Gazette, Drive City Cars’ liquidation remains a voluntary winding-up process overseen by the appointed liquidator. Beyond the resolutions approving the winding up and the appointment of the insolvency practitioner, no additional information has been published regarding the company’s future, its creditors or any further operational arrangements.<\/p>\n","protected":false},"excerpt":{"rendered":"

A used car dealership operating in Greater Manchester since 2019 has entered voluntary liquidation. Official notices confirm that a liquidator has been appointed, while questions remain over what happens next for the business.<\/p>\n","protected":false},"author":10,"featured_media":123075,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-123072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/123072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/comments?post=123072"}],"version-history":[{"count":3,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/123072\/revisions"}],"predecessor-version":[{"id":123083,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/123072\/revisions\/123083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media\/123075"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media?parent=123072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/categories?post=123072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/tags?post=123072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}