Liquidation proceedings have begun in the case of outsourced viewings company Access 2 View.
CBA Business Solutions is convening a virtual meeting of creditors on September 13.
According to paperwork sent out by CBA, Access 2 View has just £29 in total assets to distribute to preferential creditors, and owes £335,489.
The creditors include an estimated 160 consumer creditors, who are owed £65,000, and 23 trade creditors, owed £115,000.
There is also a redundancy cost of £10,427 listed.
Barclays Bank is owed £3,500, and HMRC almost £6,000.
Company creditors owed money include MEIF Loan, and ELEM Loan, owed £68,000 and £65,000 respectively.
Radweb, a software supplier, is owed £20,000.
Of the consumer creditors – presumably viewing assistants – sums owed range from £6.50 up to £10,713.
Although liquidation proceedings are only just getting under way, Access 2 View, run by director Jim Johnston, apparently closed on May 31 leaving clients without fulfilled orders and vendors without keys for completion.
It names a company called Residential Support, incorporated in May last year, as helping keys to be reunited with owners.
Access 2 View launched in 2013 and claimed to be the UK’s first outsourced viewings service.
It claimed to have a field team of over 500 viewing assistants across the country, both employed and self-employed.
As well as viewings, it offered services including inventory reports, photography, floor plans, Right to Rent checks and EPCs.
Looking at the posted notice, I suspect that they neglected to pay for spell check either, effected??
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What a mess, needs a full investigation and appropriate action if necessary.
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