The future remains uncertain at Star Global Trading Limited. Julien Irving, Kevin Murphy and John Titley were appointed as Joint Administrators over the Company on 15th February 2016 resulting in the redundancy of 104 staff.
Julien Irving commented “the Company has faced financial difficulties given the downturn in the fragrance sector and it being unable to meet its ongoing liabilities. Consequently the Company was seeking to find a buyer for the business, which has proved unsuccessful to date. Given that there remains some interest in the business, the decision has been taken to trade the Company for a limited period with the objective of securing a buyer and safeguarding jobs.”
Back to updates