Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Corporate Services  New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Telephone fundraising platform enters voluntary administration

Telephone fundraising platform enters voluntary administration

Mon, 08 Apr 2019 | ADMINISTRATION



A telephone fundraising agency has gone into voluntary administration, citing a “major drop in the volume of traditional telephone fundraising campaigns” as the reason for its move.

Committed 2 Communications Limited, the company behind and trading as NTT Fundraising, has entered voluntary administration, with SFP Restructuring Limited appointed as the administrators of the company.

The company, however, announced a restructure that would save the business via director appointment following professional support. The directors, Dave Clark and Natalie Bailey, securing investment and purchased the company assets and all 98 members of staff from the administrators to set up the new agency, NTT.

Clark said: “We have been able to partner with a funder who shares our belief in the power of this sector and so with their help we’ve been able to secure the future of NTT and the huge pool of talent that it holds.”

The new agency will widen its portfolio of services to include SMS, email, white mail, social media and strategic fundraising consulting. The aim will be to integrate a range of platforms to as to enhance supporter engagement and broaden its scope.

Similarly, Bailey added: “The future for charity telephone communications is looking bright, we recognise that telephone fundraising will always have its place within the world of charities.

“But campaigns are becoming increasingly more complex and we plan to continue to develop services for charities with more sophisticated and insightful use of the telephone, combined and integrated with other channels and touch points, to engage more deeply with supporters and positively build on their relationships.”

The company on average raises between £10 million and £15 million per annum from 25,000 regular donators. Some of its clients include WWF UK and Macmillan Cancer Support.

Although in voluntary administration, its trading activities and contracts will continue as normal in the new agency.

Click here to view the Committed 2 Communications Limited listing for full details.

For more news stories about administrations click here. For all our administrations listings, click here.


Share this article



Latest Businesses for Sale

Event Services Provider
UK

Leading provider of traffic management and car parking solutions including valet parking car park management and enforcement traffic management consultancy cash and audit services and counter-terrorism systems. Serving static venues and mobile and gr...

Asking Price: Offers Invited
Turnover: £25,265,278

Security Services Business
South West, UK

Provides a comprehensive range of security services to commercial and residential customers regionally. NSI Gold, SIA, and SafeContractor approved. Currently provides its services to 750 active clients and has 15-year client relationships in place.

Asking Price: Offers Invited
Turnover: £1,800,000

LEASEHOLD


Heating Ventilation & Plumbing Contractor
East Midlands, UK

Designs maintains & installs heating ventilation & plumbing systems for schools local authorities commercial properties industrial & defence sites including boiler & pipework installation commissioning repairs & scheduled maintenance.

Asking Price: Offers Invited
Turnover: £3,000,000


View more businesses for sale

News Search

Latest News

 
20
 
May
 

Administrators seek buyer for gourmet instant noodle brand | ADMINISTRATION

Bournemouth-based instant foods brand Mr Lee’s Pure Fo...

 
19
 
May
 

Knights continues acquisition-lead growth strategy with £11.5m deal for law firm | BUSINESS SALE

Legal services company Knights has acquired Portsmouth-headq...

 
18
 
May
 

Insolvencies forecast to surge 37 per cent in 2022 as inflation hits 40-year high | BUSINESS NEWS

Businesses in the UK look set to come under continuing press...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.