Thu, 23 Dec 2010 | ADMINISTRATION
The company behind price comparison website seeus2save.com has entered administration.
Mark Getliffe and Diane Hill at accountancy firm CLB Coopers have been hired as the administrators.
Anthony Donald Evans (ADE), whose owner Tony Evans had ambitious growth plans which involved expanding his 100-strong workforce to 150 in a matter of months, traded online as seeus2save.com and also ran an insurance brokers.
The company had moved to a 10,000 sq. ft. office space in a business park in Kirby at the end of 2009, a move in which Mr Evans had invested £500,000.
Up to 40 jobs were cut in October, leaving only ten staff when ADE entered administration, it was reported.
Customer complaints had been received relating to the insurance side of the business, and had been subject to adverse publicity on blogs and online forums concerned with its terms and conditions.
Mr Getliffe explained the potential dangers in dealing with insurance via the internet. Insurance contracts require a great deal of care and attention and details may be missed by the customer, who may not read the terms and conditions thoroughly enough before arriving at the check out page.
“Anthony Donald Evans Limited set itself an aggressive policy of writing insurance business at a low cost, but with higher charges if the policyholder did not validate the information they needed to after the cover note was issued.”
“We are working through matters with the relevant parties.”
Utilises a large fleet of articulated units and trailers to provide transportation and delivery services depot-to-depot via fully loaded trailers. Provides its comprehensive service offering for several blue-chip organisations. Receives a high volume...
This independently run Heating Engineers delivers a variety of services to a wide range of clients in its local area.
Established over 15 years this care provider has become very well known in the local area for the high quality of care and companionship they provide to their clients.
02
|
May
|
Two country hotels sold following confidential marketing process | COMMERCIAL PROPERTY
Two country hotels in the South East of England have been so...
02
|
May
|
Two South East accountancy firms agree to merge | MERGER
Two accountancy firms based in the South East have announced...
02
|
May
|
Legal services group completes eighth acquisition | BUSINESS SALE
Acquisitive legal services group Lawfront has completed a de...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.