The Essex Car Group, based in Dunmow, Essex, is in the process of being wound up, after nine years in business with £1.5m of liabilities after hitting financial troubles
A well known car dealership group selling Porsche, Jaguar and BMWs has gone into liquidation after nine years in business with £1.5m of liabilities.
The Essex Car Group, based in Dunmow, Essex, is in the process of being wound up, according to The Gazette and on Companies House.
Insolvency practitioners have reportedly been put in place to manage the firm’s remaining affairs, as well as to assess its financial position and deal with creditors who may be owed money.
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The liquidation is being handled on a voluntary basis, with Gary Thompson of Basildon, Essex, named as the voluntary liquidator in documents submitted to Companies House on March 9.
The dealership was incorporated back in June 2017 but it is now listed as permanently closed online with their website even taken down as of Wednesday morning.
On Companies House, the business’s current status is said to be in “liquidation”, with the commencement of winding-up orders starting at the end of February. At this stage, it is unknown exactly how many jobs could be at risk from the closing of the site.
According to Car Dealer Magazine, the business has been operating with relatively modest reserves. The last accounts, which took into account takings up to June 30 2024, found the company had net assets of £269,008 and with stock levels of more than £1.5m.
However, the dealer also had creditor liabilities exceeding £1.5m which were due within one year. On their social media page, The Essex Car Group claimed to offer “prestige car Sales in Leaden Roding”.
The brand stated that they offered “all makes and models, an unrivalled broker service, bespoke car designs, and competitive lease deals”.
At the back end of 2025, the company was advertising a range of top-end cars such as Range Rover Autobiography models, a Mercedes-Benz A250E and even a Bentley GTC Speed.
It’s just the latest blow for the UK car industry, which has seen a series of closures so far in 2026. Back in February, car rental service Afford Rent a Car plunged into administration after 45 years.
Meanwhile, major car dealer Group 1 Automotive confirmed plans to cut more than 250 locations, with a major workforce realignment expected.
