Jamie Playford, an insolvency practitioner and director at Leading Corporate Recovery, is seeking a buyer for the business and assets of a Suffolk joinery business after the company suffered cash flow difficulties. John’s Joinery, trading from Gosford Road, Beccles, laid off its five employees on Monday 10 July citing serious cash flow difficulties as the cause of the […]
Following a three-year investigation and legal battle, Leading Corporate Recovery have recovered a total of £176,871 from three former directors of IPD Furniture Ltd, after cash was wrongly paid out of the company’s bank account at a time when the company was insolvent. The company, which was based in Dereham, Norfolk, was forced into Administration […]
The magic-themed family attraction, Davenport’s Magic Kingdom, in North Walsham, has been placed into voluntary liquidation following a legal dispute. An ongoing dispute with a former consultant to the business resulted in a legal bill of almost £60,000 and as a result, the business was unable to continue trading and the directors took steps […]
Riverside Joinery Company Ltd, based on Barker Street in Norwich, has closed after a downturn in orders for its bespoke staircases and window frames. The closure, which resulted in 16 employees being made redundant, followed pressure on cash flow caused by a downturn in orders as management struggled to reduce costs any further. The business […]
A G Block Ltd has entered Creditors Voluntary Liquidation with Jamie Playford of Leading Corporate Recovery appointed as Liquidator on 6 January 2017. First incorporated in 1967, the Company had developed its own range of ‘Vocational Automotive Trainers’ which are sold to colleges and further education centres around the UK, which are used to train […]
The news has emerged this week that more than 30,000 businesses in the East of England were owed money by at least one supplier or customer which went into insolvency last year. Research undertaken by the eastern branch of insolvency trade body R3, shows that a total of 34,000 local businesses (which equates to around […]
Jamie Playford has today provided commentary for an article in the Eastern Daily Press which explores the impact of solar subsidy cuts on small firms. You can read the article here: http://goo.gl/pFJpfk At this stage, Ministers are proposing to reduce the feed in tariff (FIT) for small scale solar panel installations from 12.47p per […]
