Brian Hamblin and Philip Long from PKF have been appointed as administrators and are currently looking into the company’s records.
A PKF statement said that both administrators would post advice and information on the firms’ website as and when they have completed their investigations.
The channel was fined £450,000 by Ofcom last week, after the regulator received a large number of complaints suggesting it had exaggerated the value of items on sale. All trading activities ceased last Friday 19 November.
The Hertfordshire-based channel launched in 2001 and employs 300 people.
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
Smith & Williamson has been appointed administrators of charity 4Children