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Case Studies: Number of jobs saved - 0

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Over 60 Jobs saved at Ilkeston business, LCP Pattern Book Makers

Gareth Bolsover, owner of GB Patterns said; “This has been an uncertain and very difficult period for the business but the continued financial support from Regency and advice from the administrators at Wilson Field has made the whole process less stressful. Working closely with them has meant we have been able to keep all 63 staff. The future now looks very positive.” “With our strong reputation within our niche sector and with the same staff team, we are confident that the company has a viable future and is able to offer our customers the same high quality of products and service.”

All 63 jobs at an Ilkeston company, which can trace its history back over a hundred years, have been saved following a pre-packaged sale. The… Read more »

All jobs saved at Bolton construction trade company Mercer Group

All 38 jobs have been saved at a Bolton construction trade company after administrators at Wilson Field sold the company in a pre-pack deal to existing management. Joint administrators Kelly Burton and Lisa Hogg from Wilson Field were called in by directors of Mercer Group on 7 July 2017.

All 38 jobs have been saved at a Bolton construction trade company after administrators at Wilson Field sold the company in a pre-pack deal to… Read more »

Wilson Field serves up rescue deal for London restaurant, L’Etranger

Administrators from Wilson Field have worked with bosses at a London restaurant to serve up a rescue deal. Kelly Burton and Lisa Hogg were appointed joint administrators on 10 July to South Kensington based L’Etranger Restaurant.

Administrators from Wilson Field have worked with bosses at a London restaurant to serve up a rescue deal. Kelly Burton and Lisa Hogg were appointed… Read more »

End of the road for Shropshire haulage company, ET Rowlands & Sons

Assets from the well-known Telford road haulage contractor ET Rowlands & Sons, which has closed after nearly 60 years in business, are to be sold at by auction online.

Assets from the well-known Telford road haulage contractor ET Rowlands & Sons, which has closed after nearly 60 years in business, are to be sold… Read more »

All jobs saved at Bradford kitchen manufacturer

A well-known Bradford designer and manufacturer of bespoke kitchens for commercial and residential customers has been bought out of administration saving all 36 jobs.

A well-known Bradford designer and manufacturer of bespoke kitchens for commercial and residential customers has been bought out of administration saving all 36 jobs. Karmik… Read more »

Jobs saved at Cheltenham security services company

The company, which operated from Old Station Drive in Cheltenham, has now been bought out of administration by existing, and associated company, JS Facilities Group Limited of Cheltenham, saving all 42 jobs.

All 42 jobs have been saved at a Cheltenham security firm after it was bought out of administration. Joint administrators Kelly Burton and Lisa Hogg… Read more »

CVA case study – Public house

Business descriptionPublic house and restaurant
EmployeesDirectors manage the business with a number of part-time staff
Business premisesPremises are owned by the company
Turnover£215,000 p/a

The Background During the first years of trading, the directors invested a large amount of money into the business to achieve profitability. Unfortunately, in the… Read more »

Jobs saved at West Drayton postal company, Direct Entry Solutions

Kelly Burton, director and insolvency practitioner at Wilson Field, said; “Our actions have secured all 25 jobs and brought about a better return to creditors. As the jobs were transferred to Direct Entry Solutions Worldwide, this alone saved over £27,000 in redundancy and wages. From what was a difficult situation has emerged a better result for creditors and staff.”

A Middlesex postal service company, whose facilities could handle around 30 tonnes of post a day, has been bought out of administration saving all 25… Read more »

Jobs saved at Leeds hair and beauty salon

“This has been a difficult period but I am pleased with the outcome. All staff jobs have been retained. We are now looking forward to a bright future with the same team, the same high quality products and continuing our high standard of service to our loyal customers."

All 11 jobs have been saved at Leeds hairdressers Allertons after it was sold out of liquidation by business turnaround specialist Wilson Field. The business,… Read more »

12 jobs saved at Oldham engineering company

Following discussions with the director, the business was sold as a going concern, safeguarding all 12 employees

Machining engineers Oldham Precision has been bought out of administration saving all 12 jobs. The company’s principal activity was the sub-contracting manufacture of large volume… Read more »

Wilson Field helps save 40 jobs at National Videogame Arcade

We were appointed as administrators after the company fell into financial difficulties, despite growing in popularity. The consortium of investors could clearly see the potential to turn the business around

Home of the acclaimed GameCity festival, The National Videogame Arcade in Nottingham, sadly fell into cash flow difficulties earlier this year despite an increase in its footfall. An eleventh hour investment by a director-led consortium, led by director Iain Simons, saved all 40 jobs at the increasingly popular tourist attraction and museum.

Sights set on new future for thermal imaging company

Our job was to realise a sale of K2 as a going concern to achieve the best return for the company’s creditors

Wilson Field has helped secure the sale of two related North East businesses, which developed and manufactured thermal imaging equipment, as a going concern to… Read more »

Sheffield joiner calls in liquidators

It is very sad to see this well-known local business cease to trade after over 30 years. The downturn in the retail sector has hit this business hard

A bespoke joiners and shop fitters in Sheffield, M J Squire Limited, had been in its trade for more than 30 years. However, recently it… Read more »

V1 Championship Liquidation Case Study

Business descriptionMotorsport Simulation Company
Employees2 directors
Business premisesPrivately owned by the director

The Background A Northants based business traded as a motorsport simulation company that provided young drivers a platform to get into the industry. Initially on… Read more »

Pembroke coach company enters administration

On the positive side, Edwards Coaches of Pontypridd have re-employed approximately 50 of those staff.

Pembrokeshire-based Silcox Coach Company, which operates school transport as well as local bus services, has been placed into administration today. Despite attempts by administrators from… Read more »

44 jobs saved at Cardiff security firm

Following discussions with the director, the business was sold as a going concern, safeguarding all 44 employees' jobs and offering a better return for the company’s creditors

A Cardiff security specialist has been bought out of administration saving all 44 jobs. Zenith Security Specialists Limited was set up in 2009 providing manned… Read more »

New future for Sheffield furniture manufacturer

Directors took advice from Wilson Field with the business sold to new company Designer Recliners Limited as a going concern, safeguarding all 11 employees’ jobs

A Sheffield furniture manufacturer and upholster has relaunched offering a smaller, more specialised range of products. Anico Interiors Limited, which included reclining chairs for the… Read more »

14 Jobs Saved At Lancashire Packaging Supplier

Directors took early advice from Wilson Field with the business sold to Surepac Ltd as a going concern, safeguarding all 14 employees’ jobs.

Sheffield administrators Wilson Field has helped save all 14 jobs at a Lancashire packaging  supplier and manufacturer after it was bought out of administration. Administrators… Read more »

54 jobs saved at Leeds envelope printing firm

the business was sold to WEPOS Limited as a going concern, safeguarding all 54 employees' jobs.

A Leeds print company has been bought out of administration saving all 54 jobs. Print On Solutions Limited was set up in 1999 years ago… Read more »

Strong Roofing Solutions Liquidation Case Study

Business descriptionRoofing Company
Employees2
Business PropertyBased at director’s home

The Background The Company’s principal activity was that of roofing and maintenance. The Company began trading profitably despite starting the business shortly before the recession… Read more »

MNT Pre Pack Liquidation Case Study

Business descriptionTechnical design and assistance for the glazing industry
Employees3

The Background The early stages of failure started due to the economic down turn and subsequent rapid decline of the construction industry. The company managed… Read more »

Chesterfield tooling manufacturer saved

Having gone through difficult times, we are very happy to have secured the loyal service of our staff through the help of Wilson Field.

A Chesterfield machine tool manufacturer, which supplies to the global automotive industry, has been bought out of administration by sister-company, Peak Toolmakers (Assets) Ltd and… Read more »

Wilson Field give FREE Insolvency advice that you can trust!

R3: Association of Business Recovery ProfessionalsThe Institute of Chartered Accountants in England and WalesThe Turnaround Management Association (TMA)

"After going through difficult times, we're very happy to be securing the loyal service of our staff through the help of Wilson Field.

Peak Toolmakers Limited

 

Geoff Bacon, Director Peak Toolmakers Limited on Oct 15, 2015

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