Business rescue, recovery and restructuring specialist Begbies Traynor has been instructed to handle the voluntary liquidation of three Swindon-based companies affected by the property market downturn.
Swindon Mortgages Limited, Swindon Lettings Limited and Swindon Estate Agents Limited operated from premises in Newport Street and Commercial Road, Swindon. The mortgage broking business had been in operation since 2005 and employed 18 staff. The lettings and estate agency operations were launched last year. All three companies experienced a swift decline in business and were unable to renegotiate their funding arrangements.
Joint liquidators Simon Haskew and Neil Vinnicombe, based at the Bristol office of Begbies Traynor, have begun the process of winding up the companies’ affairs following shareholders’ meetings held in October.
Begbies Traynor is the leading business rescue, recovery, and restructuring specialist in the UK.
