Menu
24/07/2001
Jobs fears as Dencourt Motors runs into trouble
Dencourt Motors, one of the province’s top ten car dealerships, have gone into receivership amidst fears that the 120 jobs there could be lost.
The company operates a Vauxhall dealership on the Ravenhill road in Belfast and is headquartered in Mallusk, Newtownabbey.
It is thought the company has been experiencing trading difficulties for a number of years and this week customers with bona fide vehicle requests were being told by a switchboard operator “We’ve just gone into receivership.”
Since its establishment in 1975 Dencourt Motors has grown alongside parent company Vauxhall and was ranked as the ninth biggest dealership in Northern Ireland.
A deal which secured the acquisition of the Pentlands dealership meant that the combined workforce doubled from 60 to 119. However, end-of-year figures for the company in 1999, which show a £0.1million pre-tax profit from a turnover of £29.5 million, were a clear indication of the company’s struggle for profitability.
Sources say that the Mallusk showroom is a topic of interest to Lookers, one of the UK’s leading motor retail groups who acquired Charles Hurst Group in 1996. They have already invested £17.5 million and may be looking to expand the Hurst group in Dencourt’s two key locations and confirm their market position in Northern Ireland.
(AMcE)
The company operates a Vauxhall dealership on the Ravenhill road in Belfast and is headquartered in Mallusk, Newtownabbey.
It is thought the company has been experiencing trading difficulties for a number of years and this week customers with bona fide vehicle requests were being told by a switchboard operator “We’ve just gone into receivership.”
Since its establishment in 1975 Dencourt Motors has grown alongside parent company Vauxhall and was ranked as the ninth biggest dealership in Northern Ireland.
A deal which secured the acquisition of the Pentlands dealership meant that the combined workforce doubled from 60 to 119. However, end-of-year figures for the company in 1999, which show a £0.1million pre-tax profit from a turnover of £29.5 million, were a clear indication of the company’s struggle for profitability.
Sources say that the Mallusk showroom is a topic of interest to Lookers, one of the UK’s leading motor retail groups who acquired Charles Hurst Group in 1996. They have already invested £17.5 million and may be looking to expand the Hurst group in Dencourt’s two key locations and confirm their market position in Northern Ireland.
(AMcE)
Related Northern Ireland News Stories
Click here for the latest headlines.
13 September 2011
Carrickfergus Trader Fined For Restricting Consumers' Rights
A Carrickfergus motor trader has been fined a total of £200, plus £28 court costs, at Belfast Magistrates Court. In a case brought by the Trading Standards Service of the Department of Enterprise, Trade and Investment, Trevor Moore Motors Ltd pleaded guilty to two charges under the Consumer Protection from Unfair Trading Regulations 2008.
Carrickfergus Trader Fined For Restricting Consumers' Rights
A Carrickfergus motor trader has been fined a total of £200, plus £28 court costs, at Belfast Magistrates Court. In a case brought by the Trading Standards Service of the Department of Enterprise, Trade and Investment, Trevor Moore Motors Ltd pleaded guilty to two charges under the Consumer Protection from Unfair Trading Regulations 2008.
18 November 2020
DUP Seek Reassurance For NI Car Industry
The DUP have called on the government to ensure the European Union "get real and show respect" for Northern Ireland business regarding the VAT margin scheme.
DUP Seek Reassurance For NI Car Industry
The DUP have called on the government to ensure the European Union "get real and show respect" for Northern Ireland business regarding the VAT margin scheme.
02 February 2010
Taxi Firm Agrees Škoda Deal
Northern Ireland's car industry is to receive a major boost after a deal worth £2.5m was agreed between a local dealership and a Belfast-based taxi firm. John Mulholland Motors Ltd, NI's largest Škoda retailer, and Value Cabs have signed the massive deal which will see 140 Škoda Superb hatch and estates supplied to Value Cabs.
Taxi Firm Agrees Škoda Deal
Northern Ireland's car industry is to receive a major boost after a deal worth £2.5m was agreed between a local dealership and a Belfast-based taxi firm. John Mulholland Motors Ltd, NI's largest Škoda retailer, and Value Cabs have signed the massive deal which will see 140 Škoda Superb hatch and estates supplied to Value Cabs.
09 January 2004
Strategic partnerships to boost Mallusk-based company
Mallusk-based Arca Technologies, a specialist in telecommunications test and simulation equipment, is aiming to increase its global business through strategic partnerships in the US and Europe.
Strategic partnerships to boost Mallusk-based company
Mallusk-based Arca Technologies, a specialist in telecommunications test and simulation equipment, is aiming to increase its global business through strategic partnerships in the US and Europe.
24 May 2019
Couple Win £2,500 In Case Against Car Dealer
A couple who claimed they were racially harassed while buying a car from a dealer have been awarded £2,500 in compensation. Kin Hung Wong, of Chinese descent, and his wife Ms Law took the case against John Mulholland Motors under the Race Relations Order with the support of the Equality Commission.
Couple Win £2,500 In Case Against Car Dealer
A couple who claimed they were racially harassed while buying a car from a dealer have been awarded £2,500 in compensation. Kin Hung Wong, of Chinese descent, and his wife Ms Law took the case against John Mulholland Motors under the Race Relations Order with the support of the Equality Commission.
-
Northern Ireland WeatherThis Evening and Tonight:Another cloudy and mild night with the odd spot of light drizzle. More widespread outbreaks of rain will spread southeast into western parts of Tyrone, Fermanagh and Derry late in the night. Minimum temperature 8 °C.
