THE consumer motoring website Honest John has gone into administration after suffering ‘significant cash flow difficulties’.
Documents lodged with Companies House show that the automotive support service HonestJohn.co.uk, co-owned by Peter Lorimer, 71, appointed
St. Albans-based specialist business advisory firm FRP Advisory as its administrator on January 7.
HEYCAR takes HonestJohn.co.uk out of administration with purchase deal
February 18, 2020
ONLINE used car marketplace HEYCAR has struck a deal to buy the website HonestJohn.co.uk which went into administration last month, it was announced this afternoon.
The start-up said it cemented its intention to bring greater trust and transparency to the market and to continue rapid growth.
Peterborough-based HonestJohn.co.uk – which publishes advice and reviews of cars and vans on its website and has a Cars for Sale section as well – has been established for two decades, boasting many millions of site visitors.
HEYCAR,, a new online marketplace for used cars in the UK, is backed by
VOLKSWAGEN Financial Services and DAIMLER Mobility. It was launched in Germany two years ago and has now arrived in the UK.
So, no more DSG gearbox, 1.5 TSI engines, Dieselgate and VAG quality issues to never be SEEN OR ANSWERED ever again...???
Good Luck and CHOCK DEE to John and the 18 other members of staff.
Maybe they could have kept their Independence by having a crowdfunding campaign ??
Edited by beatbox on 09/03/2020 at 09:12
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