Case studies: Company administration
Property firm administration and rescue of 400+ jobs
Company administration
A firm of property consultants and agents with eight offices across London and employing approximately 250 staff provided a broad range of residential and commercial property consultancy services, including letting, valuations and property management.
Administration of Wigan Athletic Football Club
Company administration
Wigan Athletic Football Club was placed into administration by its directors. The Football Club was made up of five companies: Wigan Athletic A.F.C Limited, Wigan Property Holdings Limited, Wigan Football Company Limited, Wigan Sports Management Limited and Wigan Athletic Holdings Limited.
High court authorises first mid-market restructuring plan in landmark case
Company administration
We were appointed as Joint Administrators of a short-term property finance company that continued trading since being placed into Administration.
Pre-Pack Administration of 150-year-old Law Firm
Company administration
The 150-year-old law firm was a highly profitable entity that generated £12 million in turnover and employed 100 employees specialising in property law.
Administration of Women’s Education Charity
Company administration
A charity comprising 110 staff was set up to provide education and training for local women to enable them to gain confidence leading to qualifications.
Sale of Overtrading Construction Business
Company administration
A building business had demonstrated rapid growth having increased turnover from £700,000 to £5 million within a short window of time.
Administration of restaurant group
Company administration
We were appointed administrators of a profitable and cash generative restaurant group with branches in six major UK cities.
Administration and Subsequent Sale of Manufacturing Group
Company administration
The group, comprising of five companies, manufactured passenger information systems and lighting systems for trains.
Electrical Manufacturers
Company administration
The Company manufactured electric motors and generators. The Company had reported lower than anticipated sales through the course of the year and had also suffered two quality failures which resulted in corrective work being undertaken to the expense of the Company.
TallyGenicom
Company administration
Our London team were appointed Administrators to the UK operation of this US-based, respected market leader in back-office print solutions (in Chapter 11) with Group turnover of $180m.
Independent Air Travel Ltd
Company administration
We were appointed Administrators for London and SE-based Independent Air Travel Ltd. Prior to appointment, the Joint Administrators ran an accelerated marketing campaign, successfully and quickly making a going concern sale to a firm with industry expertise and common stakeholders.
EK Williams
Company administration
The business of specialist management accountancy firm EK Williams has been sold via a prepack administration to a company owned by the former management.
2nd Thoughts Ltd
Company administration
2nd Thoughts Ltd, trading as Ellie Louise and Happit, was sold by our Leeds team after this long established chain fell victim to the retail sector downturn. Moving quickly they secured a buyer three days after appointment.
Barbers Property Agents LLP
Company administration
Barbers, a long-established and well-known firm of independent chartered surveyors and estate agents in the Midlands, went into administration after being affected by the worst financial conditions facing the property sector in over 20 years.
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