Tim Bateson, Restructuring Director at KPMG, said: “We have continued to trade the business since our appointment to enable time for a sale of business process to take place. Unfortunately no acceptable offer has been received following the marketing process and as a result, trading will cease immediately.
“Whilst we will be retaining a small skeleton workforce in the short term to assist us with the wind down process, the majority of the 330 staff will regrettably be made redundant. All affected staff have been informed and will be paid up to and including their last day of employment. We’d like to thank all employees for the support, service and co-operation they have provided to the company, both before and during the administration.”
Any parties who may be interested in acquiring the company’s assets on a piecemeal basis should contact Alice Hutson: firstname.lastname@example.org
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About KPMG in the UK
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 14,500 partners and staff. The UK firm recorded a revenue of £2.2 billion in the year ended 30 September 2017. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 152 countries and has 189,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.