Shropshire-based Nesscliffe Services Calls in Administrators

June 22, 2012 /

Richard Philpott and Mark Orton from KPMG were appointed administrators to Nesscliffe Services on 15 June 2012.

The independent service station which is located along the A5 between Nesscliffe and Oswestry in Shropshire employs 8 people. No redundancies have been made so far.

Richard Philpott, joint administrator at KPMG said: “Historically, the business has been loss making and with the current level of bank debt it is no longer a viable proposition.

“We continue to trade the business while we seek a going concern sale, that will deliver a different funding structure, and we remain hopeful that a future can be secured for the business.”

 

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