A company that specialises in debt recovery and asset valuation has gone into administration, with RSM Restructuring Advisory being appointed as administrators.
Lindsey Cooper, Chris Ratten and Graham Bushby of RSM Restructuring Advisory were appointed joint administrators of Winterhill Largo Ltd and several affiliates on Friday February 26.
The appointment covers the following companies:
• Winterhill Largo Ltd;
• Largo Collections Ltd;
• Winterhill Property Ltd;
• Winterhill Receivables and ABL Services Ltd;
• Winterhill Asset Ltd.
Winterhill Largo, which is headquartered in Blackburn, was formed in February 2010 as a result of the merger of the Winterhill and Largo businesses.
The company, which provides professional services to banks, insolvency practitioners, asset based lenders and other public and private funding organisations, employs around 25 staff across the country including in its offices in Leeds, Manchester and London.
Lindsey Cooper, RSM partner and one of the administrators, said: “We are currently working to find purchasers for the various business streams in order to maximize returns to creditors.”
Any interested parties are invited to contact the Administrators on 0161 830 4000 or by emailing email@example.com.
By Marcel LeGouais