BusinessBusiness RecoveryAdminstrators seek sale of Warrington school-wear business

Adminstrators seek sale of Warrington school-wear business

Touchline staff made redundant as KPMG's Paul Flint and Brian Green seek sale of its assets

A Warrington-based corporate and school-wear company has entered into
administration.

Joint administrators from
KPMG, Paul
Flint and Brian Green, were appointed to
Touchline.

All 24 of its staff have been made redundant as a result of the
administration.

“Touchline (UK) Limited had been experiencing severe cash flow issues for a
number of months, which ultimately prompted the directors to appoint us as
administrators,” said Flint.

“The business has ceased to trade while we seek a buyer for the business and
its assets, and we would like to encourage any interested parties to contact us
as soon as possible.”

Further reading:

Griffins
Insolvency Practitioners challenges Pompey administrators with higher
return

Corbett’s
Bookshops takes on administrators

MCR
administrators sell store at Vergo Retail

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