Multiple jobs saved after leisure company is bought out of administration
Multiple jobs gave been salvaged after a Wigan-based amusement and recreation company has been bought out of administration, a news report in the local media has revealed.
The Roller Rink Company entered administration on 8 November 2017, with Mark Colman and John Titley of Leonard Curtis appointed joint administrators.
Leonard Curtis said that the business fell into administration after losses due to unforeseen increased costs resulted in a build-up of trade and tax liabilities. Directors had initially sought the assistance of an external consultant to address the increasing cost base but this was unsuccessful.
After legal action was threatened by a creditor, steps were taken in an effort to preserve the company. The administrators subsequently concluded a pre-packaged sale of the business to a connected company after a period of marketing.
The deal resulted in all 42 employees being transferred to the buyer.
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