Episode

Ayr Car Shop Liquidated by HMRC | Glasgow News

Podcast
Glasgow News Today | 2 Min News | The Daily News Now!
Published
Jul 16, 2026
Duration seconds
97
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not_requested
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https://sources.thednn.ai/408bd38e9ab779bb
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https://api.fastcast.ai/audio/07140233-7068-4098-abb3-eabadfa5e101.mp3
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/v1/public/podcasts/glasgow-news-today-2-min-news-the-daily-news-now-7610185/episodes/ayr-car-shop-liquidated-by-hmrc-glasgow-news
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Summary

Ayr’s Motayr Limited has been shut down after HMRC took legal action, with liquidator David Meldrum now investigating the company’s collapse—no employees remained when he stepped in. This isn’t an outlier: Scotland saw 40 compulsory liquidations in May, up sharply from just a few in 2021, though overall insolvencies that month were down 25% from the prior year. HMRC declined to comment on individual cases but confirmed they pursue winding-up petitions only as a last resort to safeguard taxpayer funds. Meldrum will update creditors as his probe continues, while experts note a broader trend: voluntary liquidations have surged since 2020, signaling a shifting economic landscape. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/408bd38e9ab779bb