BusinessBusiness RecoveryMoore Stephens sells call centre

Moore Stephens sells call centre

In the midst of the telecoms storm, receivers at Moore Stephens have managed to save a once booming call centre by selling its business and the majority of its assets.

The receivers sold the iDesk plc business to newly formed company iDesk Group Limited on 27 April.

Partners Mark Shaw and David Rolph were appointed administrative receivers on April 10, as the troubled call centre succumbed to a drop in the telecoms market.

Insolvency practitioner Bill Beach, who was senior manager in the case explained: ‘iDesk lost a lot of large contracts from other telecoms companies like BT.’

‘About a year ago, it had 550 employees. It had to reduce its workforce to 45.’

But the remaining workforce is safe as the Wembley-based buyer is keeping iDesk’s 45 remaining employees.

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