Administrators Ian Green and Russell Cash of PricewaterhouseCoopers said the prompt sale of the company’s business and assets meant the transfer to the new owners would be ‘seamless’ and enable them provide continuity to its customers.
The Liverpool-based company employs about 450 full time staff and provides outsourced direct-marketing support services.
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