TBF Centres Ltd, the firm behind Keller Williams’ Evolve Market Centre, has entered voluntary liquidation, according to Companies House.
The director of the company, Evelyn Foster, is now the owner of the KW Scotia and the KW Caledonia Market Centres through another of her businesses, EA Market Centres, which was set up in August last year.
Companies House documents reveal that TBF Centres entered voluntary liquidation this week, which is being managed by FRP Advisory.
Submitted documents reveal that close to £220,000 is owed to creditors, including a £135,000 HMRC bill, while Foster is also owed £66,000.
The company has £6,100 of assets available for preferential creditors, submitted documents show.
Keller Williams UK first launched here in 2013 and has been managed by Ben Taylor since 2017 but has failed to gain much traction.
A number of high profile senior leadership personnel have fled the business in recent times including Nicky Stevenson (EA Events, Fine & Country), Simon Leadbetter (Knight Frank, Countrywide, Fine & Country), Russell Quirk, Anthony Quirk, Gaven Swan (Countrywide), Wayne Albutt (KW South Africa, EweMove), Jason Cannon (Spicer haart), Will Clark (Knight Frank) and Matt Thomson (Foxtons and D&G) – some of these names are very high profile property industry people and none of which lasted even a year at the UK headquarters of the US based entity.
Keller Williams UK chief squashes speculation that regional operations have closed
£135,000 of taxpayers money down the pan – the model is default dead.
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I hear KW xceed is next to announce its closure, incompetence everywhere in KWUK.
Real shame as the model is great, just run by very very poor leadership group.
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Model is flawed – can’t grow your own business without punitive costs as you increase your team. Concept of physical market centres is ridiculous in the technological age. Needs fundamental rethink.
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