Mark Orton, Will Wright and Jonny Marston from KPMG have been appointed joint administrators to Unipart Automotive Limited, one of the UK's largest independent suppliers of car parts, workshop consumables and garage equipment.
Headquartered in Solihull, the company operates a network of 180 branches and distribution hubs trading under the Unipart Automotive, Partco Autoparts, and Express Factors brands. It employs 1813 people.
Immediately upon appointment, the administrators sold part of the business in a joint deal to Andrew Page, one of the UK’s largest distributors of car parts, workshop equipment, tools and diagnostics, and The Parts Alliance. The deal will see Andrew Page acquire 21 branches and The Parts Alliance a total of 12. A total of 361 staff employed across these sites have transferred to Andrew Page and The Parts Alliance with immediate effect. A complete list of these hubs and branches can be found below.
Unfortunately, however, the remainder of the Unipart Automotive business has ceased to trade and a total of 1244 members of staff have been made redundant. A total of 208 members of staff have been retained to assist the administrators.
Mark Orton, partner at KPMG and joint administrator, said: “Despite intensive efforts over recent weeks, a sale of the whole Unipart Automotive business could not be reached, and a buyer could only be found for 33 of the sites on a going concern basis. Unfortunately, the business had been experiencing financial stress for a number of years, so the level of cash and further operational restructuring required to rescue a more substantial part of the business posed too much risk for most interested parties. “Our team of employment specialists will be supporting all staff on completing redundancy forms and putting them in touch with job seeker services. We will now be reviewing what options are available for the remainder of the business, such as selling leasehold interests.” The company also directly supports over 700 independent, owner-operated garages through its Unipart Car Care Centre programme, in addition to having 19 franchisees. These companies fall outside of the administration and will continue to operate as normal.
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Notes to editors:
The 33 sites that have transferred to Andrew Page and The Parts Alliance* are:
North East and Yorkshire:
East Anglia Stockton-on-Tees (Distribution Hub and Branch), Felixtowe (Branch), Northallerton (Branch), Great Yarmouth (Branch), Sheffield (Distribution Hub and Branch), Wisbech (Branch), Barnsley (Branch), Ipswich (Branch), Colchester (Branch)
North West and Cumbria:
Warrington (Distribution Hub and Branch),
London and Home Counties - Lytham St Annes (Branch), Luton (Branch), Southport (Branch)*, Carlisle (Branch), Kent and SussexDeal (Branch)*
Greater Manchester and North Wales
Dover (Branch)*, Stockport (Distribution Hub and Branch), Hastings (Branch)*, Macclesfield (Branch)*, Chatham (Branch)*
East Midlands and Lincolnshire
Louth (Branch), Scunthorpe (Branch), Chesterfield (Branch)
Wales and WestLouth
Exeter (Distribution Hub and Branch)*
Penryn (Branch)*Walsall (Branch)Barnstaple (Branch)* Shrewsbury (Branch)Tiverton (Branch)*Stafford (Branch)Taunton (Branch)*
South Coast and Surrey
Isle of Wight (Branch)
The branches and hubs which have closed with immediate effect, with the corresponding number of staff redundancies, are:
|Branch||Number of Redundancies|
Office - Birmingham
Office - Bicester
London and Essex
Wales and West
For employee enquiries, please contact:
Sukhi Jalaf, KPMG
T: 0121 609 5862
For supplier enquiries, please contact:
Agrim Ganti, KPMG
T: 07909 993109
For interested parties, please contact:
Tony Rudkin, KPMG
T: 02076 941851
Luke Powell, KPMG
T: 0121 3352488
For media enquiries, please contact:
Katy Broomhead, PR Manager
T: 0161 246 4623 / 07824 537963
Mark Lester, Citypress
T: 0161 235 0302 / 07540 047 832
KPMG Press office: 020 7694 8773
KPMG LLP, a UK Ltd liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with approximately 11,500 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2013. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 155,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.