Administrators from PricewaterhouseCoopers have found a buyer for one part of
Brooks Service Group, the national
provider of linen and work wear rental services to the hotel, hospitality and
They have secured the sale of the work wear part of the business to
Sunlight Service Group safeguarding
some 200 jobs. They will now continue to trade the linen business as a going
concern whilst they seek a buyer. There are no redundancies at this stage.
Derek Howell, Colin Haig and Rob Lewis of PwC were appointed joint
administrators of Brooks and its subsidiary companies, including County Luxdon
in Sunderland, and Shaws Laundries at Gravesend, on 13 February 2007.
The administration follows a decrease in the value of the workstream.
Brooks operates from nine sites throughout the UK and employs approximately
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies