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Monday, 25 April 2005 |
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Edwards Cars, the dealer group owned by one of the Phoenix Four John Edwards, has gone into administration.
The company operates two sites in Stratford-upon-Avon and has 43 employees. In the year ended 31 December 2003 it had turnover of £7.8m but reported a loss of £968,000. PricewaterhouseCoopers, the appointed administrators, said it would work with management to “evaluate the options” for the business.
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