Nationwide Accident Repair Services Limited

Nationwide Accident Repair Services Limited, MV Realisations Ltd (formerly Mobile Vehicle Repairs Limited), NWC Realisations Ltd (formerly Nationwide Crash Repair Centres Limited), NSN Realisations Ltd (formerly Network Services (Nationwide) Limited), NFF Realisations Ltd (formerly Nationwide Fast Fit Plus Limited), JCC Realisations Ltd (formerly Just Car Clinics Limited), JCCG Realisations Ltd (formerly Just Car Clinics Group Limited), SWC Realisations Ltd (formerly Seward Accident Repair Centres Limited) and Howard Basford Limited – all in administration (“the Companies”)

On 3 September 2020, Rob Lewis and Rachael Wilkinson of PwC were appointed Joint administrators of the Companies. The business, headquartered in Witney, Oxfordshire operates a nationwide network of garages, servicing the accident repair market for a number of large UK general insurance firms.

Immediately following the appointment, the joint administrators completed a sale which included the majority of the group’s business and assets to RunMyCar Limited, a subsidiary of Redde Northgate plc, safeguarding almost 2,350 roles across 80 sites including repair garages and back office functions. 

The sale included 77 repair sites and three office locations.

However, 540 roles have been made redundant as 30 sites were closed. 

 

Rob Lewis, joint administrator at PwC, said:

“As with many other businesses, the group had to weather major financial fallout due to the economic impact of COVID-19, which meant that trading volumes were significantly reduced.  Against that backdrop, the sale announced today reflects a significant positive outcome for the business, and we are especially pleased to have safeguarded 2,350 roles including apprentices, mechanics and technicians.

“Sadly we have had to make 540 staff redundant. We are making every effort to support those workers. This includes providing guidance for employees regarding JobCentre Plus and Redundancy Payments Service processes.”

 

Rachael Wilkinson, joint administrator at PwC, added: 

“Companies across the automotive sector are still recovering from an extended period where activity ground to a halt, significantly depleting cash reserves. 

“Some are only reaching a fraction of pre COVID-19 volumes despite reopening outlets. Consequently, the sector is set for a make or break rebalancing period over the next few months. Refreshed lending agreements, cash conservation and supply chain management will be key.” 

Update 25 August 2021: 

The administrations have been extended for a period of 12 months to 2 September 2022 with the consent of the relevant creditors. 

 

Contacts for queries: 

Documents available to download:

Rachael Maria Wilkinson and Robert Nicholas Lewis have been appointed as joint administrators of the Companies to manage their affairs, business and property as their agents without personal liability. The joint administrators are licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales. The joint administrators are bound by the Insolvency Code of Ethics which can be found at: https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics. 

The Joint Administrators may act as controllers of personal data, as defined by the UK data protection law, depending upon the specific processing activities undertaken. PricewaterhouseCoopers LLP may act as a processor on the instructions of the Joint Administrators. Personal data will be kept secure and processed only for matters relating to the Joint Administrators' appointment. Further details are available in the privacy statement on the PwC.co.uk website or by contacting the Joint Administrators

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