Electric powered two-wheeler specialist Vmoto Distribution UK has posted a notice of intention to appoint administrators. This Newark-based company, a subsidiary of Dutch firm GoGreen Holding BV, is the sole UK importer and distributor of Vmoto and Super Soco electric scooters and motorcycles.
According to its last available accounts, made up to the end of 2021, it employed around 14 people. And at that point it was owed £1.3m by debtors and in turn owed £468,000.