Call 0800 644 6080 (From Mobile 0333 009 0010)
Call 0800 644 6080 (From Mobile 0333 009 0010)

245 JOBS SAVED BY PRE-PACK ADMINISTRATION

Licensed UK Insolvency Practitioners FREE Meeting for Company Directors We can help with serious company debts, HMRC and creditor pressure, VAT/PAYE/Tax arrears, cashflow problems and raising finance.

245 JOBS SAVED BY PRE-PACK ADMINISTRATION


One of the UK’s largest mobile phone retailers experienced a cash crisis after aborting the purchase of a large number of extra retail outlets. This was compounded by borrowing conditions, which suddenly worsened.  With 245 jobs and 75 outlets at stake, our team successfully orchestrated a complex ‘pre-pack’ administration, whereby the company was placed into administration while its assets were simultaneously sold to a new company.

The business continued trading without a break, saving all 245 jobs at a time of increasing unemployment.

Contact our team

Jonathan Munnery
Andrew MacKenzie
Julie Palmer
Thomas Mckay
Keith Tully
Processing...
or find your nearest office

If You've Enjoyed This Article or Found it Interesting, 'Please Share it' With the Rest of the World!

Every day we help companies just like yours turn things around against seemingly impossible odds, regardless of your situation we can help. Find your nearest office today.
Menu