(Image: Getty Images)
A Scottish car sales company has been placed into administration.
Administrators to Cars4you Limited have “implemented safeguards across the car showroom sites all over Scotland”.
BTG said it was appointed by the company’s lenders and that it is providing support to affected employees.
Documents showed George Lafferty, of BTG, was appointed as administrator on October 2.
The Edinburgh-registered company posted current assets at £6.4 million in its most recent accounts, to the year to August 31, 2025, set against £5.7m in the year prior.
Creditors' amounts due within one year in 2025 totalled £4m, compared with £3.5m the year before.
Net assets were £1.6m, set against £1.5m in the previous period.
There was an average of 16 employees at the company in 2025, which was one more than the year prior.
There was an average 16 employees at the company in 2025 (Image: Getty Images)
In a separate case involving an unrelated car dealership, a petition was presented to Dunfermline Sheriff Court in May on behalf of His Majesty’s Revenue and Customs for Carnegie Cars Limited to be wound up.
HMRC also called for a liquidator to be appointed to the company. That firm is registered at Torridon House in Rosyth and in Baldridgeburn in Dunfermline.
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In that case, Richard Gardiner, of Thomson Cooper, was appointed liquidator.
Other transport companies facing difficulties in recent weeks include a freight transport operator employing 20 staff that was placed into administration.
The UK Freight Services Limited operated across England, Scotland and Wales as well as around Europe and provided warehouse space and pallet freight.
The company is described as being involved in the sale of used cars and light motor vehicles and freight transport by road.
Last month, another UK haulage company looked set to close after more than 50 years in business, having slumped into liquidation.
CVH Transport Services, based in Bedwas, Caerphilly, was established in 1973 and has provided freight services across the UK and Europe.
The Welsh company described itself as a "dedicated and family-run team" focused on efficient and secure transport.