Thu, 19 Jul 2012 | BUSINESS SALE
Wirral based labour recruitment company MMC Professional Services Limited has been bought out of administration by its management team after reaching a pre-pack deal earlier today.
Established in 2010, MMC Professional Services provides commercial contracts and management services to the temporary recruitment market, primarily offering labour related roles in construction.
The company, which employs eight staff members, was reported to have a turnover in excess of £6 million, however with mounting debt issues including an outstanding loan repayment to Bibby Financial Services Limited the company had been forced to call in administrators on the 7 July.
Dylan Audley Quail of Cooper Williamson was appointed administrator for the company, he commented that the business had suffered from a mixture of debt and the recessionary climate.
The pre-pack sale to the management team will mean that all the jobs at the company will be safe.
A leading engineering firm focusing on electric power steering solutions and bespoke wiring harnesses serving various industries. It operates as two entities both reputable for maintaining high standards and offering bespoke solutions for clients. In...
Market-leading fruit and vegetable supplier distributing fresh produce and complementary goods both wholesale and D2C. The companys uncompromising drive for customer satisfaction has built strong relationships with across an enviable client base incl...
Turnkey construction services provider completing a range of projects with expertise across maintenance general refurbishment new build and conservation including work on listed buildings. The company provides full-service construction works utilisin...
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.