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Reading: Dealership Moseley (PCV) enters administration
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routeone > News > Dealership Moseley (PCV) enters administration
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Dealership Moseley (PCV) enters administration

routeone Team
routeone Team
Published: June 17, 2020
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Moseley PCV enters administration
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Coach dealership Moseley (PCV) entered administration on Tuesday 16 June. Mark Hodgett and Phil Pierce of business advisory firm FRP have been appointed as Joint Administrators. They are now urgently seeking a buyer for the South Elmsall business.

A statement from FRP says Moseley (PCV) “had faced significant challenges in recent months following a reduction in its order book after the coronavirus COVID-19 pandemic led customers to postpone or delay the purchase of new coaches.

“This, combined with shutdown of the UK tourism sector and the restrictions put in place as a result of coronavirus, led Moseley to operate in a limited capacity from March and ultimately enter administration.”

Moseley (PCV) supplies coach products from Beulas, Indcar and VDL. 29 employees have been made redundant as a result of Moseley (PCV) entering administration. The remaining eight have been retained to manage enquiries and support aftersales as a buyer is sought.

Mr Hodgett says: “Over the last 60 years Moseley (PCV) has established itself as an industry leader, renowned among customers across the UK for providing a high-quality service and best-in-class products.

“Our priority is now to ensure minimum disruption for customers as we market the business for sale. I would like to thank the firm’s employees for their continued support throughout this process.

“We will be working closely with the Redundant Payments Service to support those affected and would urge any other interested parties us as soon as possible.”

In April, Moseley (PCV) consolidated operations that were previously handled from the Moseley in the South site at Wellington, Somerset, into its South Elmsall base.

There is no suggestion that any other coach dealership with the Moseley name is affected. Airdire-based Moseley Distributors quickly moved to reassure its customers that it is open for business for vehicle sales, parts and repairs.

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