The consumer motoring website, Honest John, has gone into administration. This is according to the documents filed at Companies House showing the appointment of business advisory firm, FRP Advisory as its administrator on January 7.
HonestJohn.co.uk are an automotive support service, giving motoring advice and posting reviews of cars and vans. It also has a weekly column published on the Daily Telegraph website.
A brief statement from the company, shared on its social media accounts, said how joint administrators, Miles Needham and Simon Carvill-Biggs are managing all its affairs, assets and business. They take the role of the ‘agents of the company without personal liability’.
The company is currently still continuing to trade, as is its Twitter and Facebook accounts still in operation. Administration simply means the company is being protected from any legal actions from creditors and any applications for it to be wound up, whilst a buyer is sought.
More news will follow as updates are heard.