About 10 years ago a company who specialised in classic and racing cars (I had bought parts from them and had no compliants) offered this service. There were no complaints until several owners of cars being sold were contacted by the cars new owners for information. The original owners were suprised since they had not been told their cars had been sold. When they contacted the company about their money they were given loads of excuses and no money until the company suddenly declared themselves bankrupt. It got very complicated with the original owners trying to get their cars back form the new owners (unsuccesfully) and then trying to get money from the receivers (unsuccesfully). At the end of the day several people were left with no car and no money.
But the company were OK. Under a new name they bought all the equipment parts, tools etc from the receiver (one of the directors brothers was the new MD and did the buying), and set themselves up on the same trading estate.
Nice people.
Still around under yet another name.
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