First provider of outsourced viewings goes into liquidation with just £29 in the bank

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.

https://www.residentialsupport.co.uk/welcome/

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2 Comments

  1. jeremy1960

    Looking at the posted notice, I suspect that they neglected to pay for spell check either, effected??

    Report
  2. Property Pundit

    What a mess, needs a full investigation and appropriate action if necessary.

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