The Leading Insolvency Practitioners in Croydon and Eastbourne
2010
22/10/2010
New Eastbourne Office
Herron Fisher purchase a new, larger, freehold office in Eastbourne, reinforcing our strong commitment to the town.
08/09/2010
National Insolvency & Rescue Awards
Named as finalists in the prestigious national Insolvency & Rescue Awards in the Small Firm of the Year category.
19/08/2010
Silver Jubilee
Chris celebrates 25 years of working in Insolvency - a significant milestone!
12/05/2010
Eastbourne & District Chamber of Commerce
Congratulations to Nicky, who is appointed to the Board of the Chamber.
24/03/2010
Reid Briggs Quiz Night
Herron Fisher win first prize at the Reid Briggs charity quiz night at Eastbourne Borough Football Club.
02/03/2010
Aqua Leisure International Limited
Appointed Supervisors of a company voluntary arrangement for a large construction company suffering from delays in receiving payments from its clients. This successful restructuring of debt allowed the company to trade on and it is projected to pay all its creditors 100p in the pound.
05/02/2010
Eastbourne Daihatsu
Appointed Administrators of Dualline Motoring Centre Limited, a well known motor dealer and repairer in Westham. The business traded on and was sold as a going concern, saving jobs and giving continuity of service to its customers.
2009
09/09/2009
Brand Equation Limited
Appointed liquidators of a strategic branding company with very large clients; regrettably these included XL Leisure, Kaupthing Singer & Friedlander and RBS, all of which were decimated suddenly by the recession. A sad but classic example of the domino effect.
08/09/2009
Box Sash Willy’s Joinery Limited
Surely the best name of the year. Appointed liquidators of a company with a highly skilled workforce making bespoke double glazed replacement units for box sash windows. The company traded successfully for fifteen years until its margins were eroded by overseas competition.
26/08/2009
MBC Independent Financial Management Limited
Appointed liquidators of an FSA regulated company which arranged pensions, insurance and investments for retail customers. The company’s brokers were lured away by a competitor, destroying the future of the business. However, the director acted early and called in Herron Fisher before the situation became too desperate; serious losses were averted.
16/06/2009
BE Sport Limited
Appointed liquidators of another unusual company - one which provided sporting events for companies such as Playstation and Dannone. These were promotional exercises for the clients concerned. The company’s assets, which were sold, included huge inflatable football pitches, which needed eight men to lift them even when deflated.
11/06/2009
Lion Bridge Ventures Limited
Appointed liquidators of a very unusual company with a Ghanaian subsidiary which ran a jatropha farm. Jatropha is a plant whose seeds produce biofuel a cleaner and greener alternative to oil. Although several interested parties emerged, the difficult situation with the local workforce and the tribal elders in Ghana was a stumbling block. The subsidiary was, however, sold successfully in the end.
21/04/2009
Face Place Limited
Appointed liquidators of a facial spa and beauty parlour. Although well known in the area, its business was badly affected by the recession and it was forced to close.
08/04/2009
FMCG Direct Limited
Appointed liquidators of a company supplying promotional goods to motorway service stations (did you ever wonder where all those indispensable things in the foyer came from?). After Moto withdrew its contract the company was forced to close.
20/03/2009
Matchmaker Limited
Appointed administrators of a large dealer in CNC machines, which had fallen into difficulty due to its onerous defined benefit pension scheme and underutilised premises, following a management buyout from its Japanese owners. The business was sold successfully.
10/03/2009
Golf Holidays Abroad Limited
Appointed liquidators of a travel agent offering bespoke overseas trips. The company collapsed due to the collapse of the pound relative to the euro. Due to the assistance of ABTA, no holidaymakers were stranded.
03/03/2009
Profiles PR Limited
Appointed liquidators of a recruitment agency specialising in PR staff. There was a dispute between the directors and the company was forced to liquidate in order to bring a resolution to the situation
27/01/2009
Balmlane Limited
Appointed administrators of a company that arranged large corporate events. Despite the scale of its operations, there was no contractual commitment from its clients; hence, continuity was key as if the clients were let down they would simply walk away. An immediate sale to a purchaser who could sustain the ongoing business which was cash negative in the short term was essential. The business was advertised and sold without leaving anyone in the lurch.
2008
01/12/2008
New staff member - Sheila Gibbs
Welcome to Sheila Gibbs, who joins our Croydon office.
01/12/2008
L H Turtle Limited
Instructed to liquidate one of the oldest businesses in Croydon, a well loved hardware retailer established in 1894. The shop closed on Christmas Eve in anticipation of the redevelopment of the site it had occupied for over forty years. This is a solvent liquidation and all the creditors, including the staff, are being paid in full.
01/10/2008
NAB Group
Appointed liquidators of a group of five companies with substantial property investments in various sites throughout England. The failure of these companies is directly attributable to the property crash.
30/09/2008
Beanstalk Nursery
Appointed Administrators of Beanstalk Education Limited, a nursery based in Gloucestershire which provided an essential service to many local people. The company had been faced with a winding up petition and the prospect of forced closure and so an urgent application was made to the High Court. With the forbearance of HM Revenue & Customs and the support of the District Council, the business was sold as a going concern.
25/06/2008
The Sports Shop
Appointed administrators of Shakris (UK) Limted t/a The Sports Shop, a specialist retailer in East Sheen and Guildford, which also provided bespoke teamwear for clubs, societies and large companies with corporate teams. The teamwear business was sold to a subsidiary of Portsmouth FC.
25/05/2008
APW Packaging Limited
Appointed administrators of a bespoke packaging company in Bristol after its trading success left it starved of cash to fund its operations. The business was sold on, with all 34 jobs being saved.
http://www.packagingnews.co.uk/business/news/814291/
19/05/2008
The Music Shop Merstham Limited
Appointed administrators of a local specialist retailer with an excellent reputation in the area. The business was sold to another local retailer, preserving the jobs and safeguarding the shop for its customers.
16/05/2008
AAT
Nicky is elected to the national council of the Association of Accounting Technicians. As the only Insolvency Practitioner on council, she brings a valuable technical and practical insight to the members of the Association.
29/04/2008
Epsom Photographics Limited
Appointed Liquidators of a retailer in Epsom and Banstead which had traded for over thertyfive years. Another sign of trouble on the high street.
08/04/2008
New Staff Member - Joan Pakeman
Welcome to Joan Pakemon who joins out Croydon office.
29/02/2008
HF 10 Limited
Appointed liquidators of a national retailer and wholesaler of electrical goods, as a solvent restructure. The business was sold and all the jobs preserved.
01/01/2008
New office opens in Croydon
Our new office in Brighton Road, Croydon is officially open, with improved meeting facilities.
2007
07/11/2007
Dragons Den
Appointed to the loan panel of Croydon Enterprise to help access whether government money should be lent to applicant companies in Croydon. This demonstates anotehr positive aspect of our work.
04/09/2007
Yours Maternally Limited
Appointed Administrators of another interesting business, a private provider of maternity care employing registered midwives. The business was sold along with a variety of unusual medical equipment.
07/06/2007
Belmont Vinyl Pressings Limited
Appointed Administrators of what may now seem an old fashioned business, a manufacturer of vinyl records. However, demand for this product still survives and the business was successfully sold.
18/05/2007
Beta Buying Services Limited
Appointed Administrators of a wholesaler of perfumes after the company ran into difficulty due to the sudden and tragic illness of one of the directors. The personal approach of Herron Fisher enabled the remaining director to deal with the situation and to maximise recoveries for creditors.
30/04/2007
The Arundel Furniture Company Limited
Appointed Administrators of a retailer of quality handmade furniture which had traded in Arundel for twelve years, becoming very much part of the community. The business was sold to a local entrepreneur with no job losses.
03/03/2007
Left Bank Images Limited
Appointed Administrators of a long established wholesaler of designer greetings cards. The business was successfully sold.
19/01/2007
Lottery Winner
Appointed Trustees in Bankruptcy of the first ever lottery millionaire, proving perhaps that nothing is forever.
04/01/2007
Futureproof Limited
Appointed Administrators of a cutting edge digital scanning and document management company in Leominster after it ran out of funding. The business was sold as a going concern and the employees' jobs were saved.
01/01/2007
New Office in Eastbourne
Herron Fisher's new Eastbourne office opens in a more central and prestigious location. We are attracting more and more work in the East Sussex area as our reputation grows. Our telephone number remains the same.
2006
01/12/2006
Coyote Developments Limited
Appointed Administrators of a developer of well known computer game software. The business was sold as a going concern.
06/11/2006
Gatwick TVR
Appointed Administrators of Classic Vehicle Services Limited, one of only fifteen TVR dealers in the country. With the problems surrounding the manufacturer itself, several other TVR dealers met their demise around this time.
11/08/2006
Construction company based in Eastbourne
Appointed by the creditors to act as Liquidators to investigate alleged diversion of funds and other wrongdoing by the director.
11/08/2006
Sunset Restaurants Ltd
Appointed Administrators of a well known West End restaurant, which was sold as a going concern. This was one of two restaurant appointments in the month, a type of business in which Herron Fisher have recognised expertise.
18/07/2006
Tamics Limited
Appointed by Scimat Group to assist in their solvent restructuring, which included a sale of their battery separator business to a large German concern.
28/04/2006
Millfield South East Limited
Appointed Administrators of Millfield South East Limited, a well known mortgage broker in Croydon. For further information click here
31/03/2006
TLC Leisure Ltd
Appointed Administrators of TLC Leisure Ltd, a large gym in East Street, Bromley. 900 members were affected as the gym closed after a sale of the company fell through.
08/03/2006
Formation of a great team
Chris Herron and Nicky Fisher form a partnership with over 35 years of experience that is unrivalled in the South East. Herron Fisher is born.