When an insolvent company enters a liquidation process, one of the key tasks for the insolvency practitioner (IP) is to sell the company’s assets before liquidation. In many cases, the assets are sold to third parties, sometimes to competitors or a director may wish to buy the asset from the company for personal use or [...]
Please ensure you read the full article prior to contacting Leading. Please note that due to the Company’s position it is not possible for you to obtain a refund. Online personal training course provider, FitLearn Ltd (“the Company”), has ceased trading and will be entering Creditors Voluntary Liquidation. Since contacting Leading, the director’s primary concern […]
Jamie Playford of Leading Corporate Recovery has been appointed liquidator of Attleborough-based Saxton Haulage Ltd by creditors on 24 January 2018. The failure of the freight company has resulted in redundancies of four staff and a loss to creditors of £858,329.05. The business was formed in 2015 and was initially funded by the director […]
Traded Network Ltd, which also traded as Desire Marketing Norwich following an acquisition in 2016, has entered voluntary liquidation with Jamie Playford of Leading Corporate Recovery appointed as liquidator on 4 January 2018. The failure of the marketing and PR agency has resulted in redundancies of five staff and a loss to creditors of £150,000, of […]
Jamie Playford of Leading Corporate Recovery has been appointed as Liquidator of Norwich restaurant, The Library, amid mounting energy and tax bills. However, a restructuring deal with the directors has resulted in the restaurant continuing to trade and all 15 jobs being preserved. The restaurant, which opened in 2006, was well-established on the Norwich […]
Jamie Playford of Leading Corporate Recovery has been appointed by the shareholders and creditors of Figielpainting Ltd, a commercial painters based in Norfolk, to oversee the liquidation of the company’s assets following the closure of the business in August 2017. The company, incorporated in 2011, achieved a turnover of £750,000 in its penultimate year but […]
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 […]
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 […]
