KPMG called in as Wrapit wraps up
Online wedding list company turns to KPMG after serious financial difficulties force the business to cease trading
Partners from KPMG have been called in to find a buyer for a struggling
wedding list business which may not be able to honour orders placed by its
customers.
After Jane Moriarty and Myles Halley were appointed administrators of
Wrapit, KPMG
also set up a hotline for customers who believe they may still be owed money.
The online wedding list service has been struggling for some time and
recently encountered severe financial difficulties.
Moriarty said: ‘Despite the directors’ best efforts to secure a rescue deal,
they were left with no alternative but to cease trading the business with
immediate effect and to put it into administration. We are seeking a buyer for
the business and its assets, albeit for a limited period.’
Customers who believe they may be owed money should call 0844 770 1301.