Overview

• The Uxbridge-based dealership lodged a Notice of Intention to Appoint Administrators with the High Court at the end of last month, which pauses certain creditor actions but does not place the firm in administration.
• GVE London says it is in advanced discussions with potential investors, though no agreement has been reached and the showroom remains open and trading.
• Owners with vehicles on Sale or Return have turned up to retrieve cars, with some alleging they are owed large sums from recent sales.
• Metropolitan Police vehicles were seen at the site, and the force told the Daily Mail there were no incidents reported while officers were present.
• Companies House records show the firm’s latest annual accounts are overdue, and director David Rai has publicly alleged a substantial fraud within the business.