Leonard Curtis Business Rescue and Recovery can confirm that The Roller Rink Company Ltd – the amusement and recreation firm based in Greater Manchester – has been placed into administration.
It was confirmed that the business entered administration after losses due to unforeseen increased costs resulted in a build-up of trade and tax liabilities.
Directors had initially sought the assistance of an external consultant to address the increasing cost base, but this was unsuccessful.
After legal action was threatened by a creditor appropriate steps were taken to preserve the business which employed 42 staff.
The administrators concluded a pre-packaged sale of the business to a connected company after a period of marketing. This has resulted in all 42 employees being transferred to the purchasing entity.
Leonard Curtis Business Rescue & Recovery is part of the Leonard Curtis Business Solutions Group (LCBSG).
For further media information, please contact Karen Winstanley or Sue Souter at Souter PR on 01625 839 319 or email email@example.com / firstname.lastname@example.org.
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