Question

To ask the Secretary of State for Business, Innovation and Skills, if his Department will launch an investigation into the closure of the car dealer Carcraft.

On 30 April 2015, Daniel Smith and Joe McLean of Grant Thornton UK LLP were appointed as administrators to the companies trading as Carcraft.

When a company goes into administration the insolvency practitioners must, within six months of their appointment, report confidentially to the Insolvency Service about the conduct of the directors. Where there is serious public concern, the Insolvency Service will not wait for that report. In this case it has made early contact with the administrators to discuss the conduct of the directors and whether there are any matters giving rise to concern.