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Cazoo's Overview

Total employees593
HeadquartersLondon
Founded2018

Cazoo was founded in 2018 by Alex Chesterman OBE with the aim of transforming the UK used car market through a purely online retail model, offering home delivery and a money-back guarantee. After rapid expansion, significant investment, and a high-profile SPAC listing in 2021, the company faced challenging market conditions and high cash burn. It subsequently withdrew from mainland European operations in late 2022 to focus solely on the UK. In early 2024, Cazoo announced a major strategic pivot, shifting from holding inventory to becoming a pure online marketplace connecting buyers and sellers, leading to significant job cuts. Despite these efforts, Cazoo Group Ltd entered voluntary administration in May 2024, with Teneo Financial Advisory appointed as administrators to explore options, potentially including the sale of the marketplace business.

Where is Cazoo's Headquarters?

HQ Function

Serves as the central hub for corporate strategy, administration, finance, technology development, and marketing operations, particularly during its operational peak and transition phase.

Notable Features:

Likely modern office facilities suited for a technology-focused company, located near Euston station providing good transport links. Specific architectural details are not widely publicized.

Work Culture:

Historically characterized as fast-paced, ambitious, and tech-driven, aiming to disrupt a traditional industry. Following restructuring and administration, the culture is likely in significant transition, focused on managing the current situation and potential future pathways.

HQ Significance:

The HQ represents the nerve center of Cazoo's operations, where key strategic decisions regarding its innovative (though ultimately challenging) business model, expansion, and recent pivot to a marketplace were made.

Values Reflected in HQ: The choice of a central London location initially reflected ambition, access to talent, and a focus on technology and innovation. The current situation reflects the harsh realities of scaling a capital-intensive business.

Location:

Cazoo previously operated in Germany, France, Spain, and Italy but ceased all mainland European operations in late 2022 to concentrate on the UK market. Following its shift to a marketplace model and entering administration in May 2024, its operational presence is effectively confined to the UK market.

Street Address:

41 Chalton Street

City:

London

State/Province:

England

Country:

United Kingdom

Cazoo's Global Presence

Manchester, UK

Address: [Specific address not readily available - Cazoo operated several sites including customer centres and prep centres in the Greater Manchester area]

Supported northern UK operations, customer interactions, and vehicle logistics/preparation during its retail phase. Current status uncertain due to restructuring and administration.

Various, UK

Address: [Multiple former Customer Centre and Vehicle Preparation locations across the UK]

Supported the logistics and customer experience elements of the original business model nationwide. Most have been closed or operations ceased/scaled back significantly with the pivot to a marketplace model and subsequent administration.

Buying Intent Signals for Cazoo

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Cazoo

As of April 2025, Cazoo' leadership includes:

Paul Whitehead - Chief Executive Officer
Matthew Mawdesley - Joint Administrator (Teneo Financial Advisory)
David Soden - Joint Administrator (Teneo Financial Advisory)
Ian Wormleighton - Joint Administrator (Teneo Financial Advisory)

Investors of Cazoo

Cazoo has been backed by several prominent investors over the years, including:

Daily Mail and General Trust (DMGT)
Mubadala Capital
D1 Capital Partners
General Catalyst
Fidelity Management & Research Company
BlackRock
Octopus Ventures
Eight Roads Ventures

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits2

The most significant recent development is the appointment of administrators from Teneo in May 2024, effectively overseeing the company's management. Prior to this, key changes included the departure of CFO Stephen Morana in March 2024 (succeeded internally by Paul Woolf on an interim basis before administration) and founder Alex Chesterman stepping back from CEO to Executive Chairman in early 2023 (he later left the board entirely). The administration process supersedes typical executive hire/exit dynamics.

Departures

Stephen Morana, Departed as CFO ahead of the company entering administration.
Alex Chesterman, Stepped down from the board and his role as Executive Chairman.

New Appointments:

Matthew Mawdesley, David Soden, Ian Wormleighton, Teneo Financial Advisory partners appointed to oversee Cazoo during administration.

Technology (Tech Stack) used by Cazoo

Discover the tools Cazoo uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Cazoo Email Formats and Examples

Cazoo commonly uses standard corporate email formats. The most likely patterns involve combinations of first name and last name.

[first].[last]@cazoo.co.uk

Format

john.doe@cazoo.co.uk

Example

65%

Success rate

News and media

ReutersMay 21, 2024

UK online car retailer Cazoo enters administration

Cazoo Group has fallen into administration after the online car retailer failed to secure new funding. Teneo administrators have been appointed and will focus on selling Cazoo's marketplace business....more

BBC NewsMay 21, 2024

Online car seller Cazoo collapses into administration

Online car seller Cazoo has collapsed into administration, putting hundreds of remaining jobs at risk. The firm recently shifted to a marketplace model after facing financial difficulties....more

Retail GazetteMarch 6, 2024

Cazoo to axe 728 jobs as it shifts to marketplace model

Cazoo announced plans to cut 728 jobs, nearly half its workforce at the time, as part of its transition from an online car retailer holding stock to a pure marketplace platform....more

Sky NewsJanuary 17, 2024

Online car dealer Cazoo explores debt restructuring options

Cazoo was reported to be exploring options for restructuring its substantial debt pile amidst ongoing financial pressures and efforts to reshape its business model....more

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