Sale of Business Frustrated by Landlord
Following appointment in 2004 of a business in Gloucester, we hoped that it would be possible to sell the business as a going concern and to that end a great deal of time and effort was spent progressing along these lines. A potential purchaser was found but unfortunately the sale fell through after landlord of the premises would not agree to a transfer of the lease to the prospective purchaser because the company was relatively new. When no other potential purchaser could be found we were left with no option but to dispose of the assets at auction.
Alison Byrne states: "As Liquidator we always strive to rescue a business where possible and only when that is not possible will we consider a formal wind down of the business. In any event we always maximise realisations of all the company's assets to ensure the best possible return to creditors".
Having just used Byrne Associates to handle my company's liquidation I can't recommend them highly enough. All the stress, fear and worry, not to mention all the onerous paperwork, was taken care of in a friendly, yet highly professional manner
25 April 2016
22 March 2016
20 January 2016
- Head Office: Suite 3 Farleigh House, Farleigh Court, Old Weston Road, Flax Bourton, Bristol, BS48 1UR
- Tel: 01275 464 038
Fax: 01275 462 937