Pell and Bales Limited goes into liquidation

On 7th September 2016, Simon Thomas and Arron Kendall of Moorfields were appointed Joint Liquidators of Pell and Bales Limited, which has ceased trading with immediate effect.

The telephone fundraising agency has gone into liquidation, causing the redundancy of over 100 staff. The company unfortunately suffered a series of setbacks including a challenging market, decreased revenue and high overheads.

Simon Thomas, joint liquidator “Pell and Bales worked for a number of leading charities including Oxfam, Barnardo’s and Unicef but suffered financial distress following an earlier CVA and increased government regulation. Moorfields are working with the creditors to assist with enquiries”

Any enquires should be made to Rob McIlroy at rmcilroy@moorfieldscr.com or call 020 7186 1144.

 

For media enquiries, please contact:

Katie Smith

Tel: +44 (0)20 7186 1144

Email: ksmith@moorfieldscr.com

 

About Moorfields

Moorfields is one of the UK's leading independent firms of restructuring and insolvency specialists.Our highly skilled teams include restructuring professionals and licensed insolvency practitioners who provide leadership, experience and high quality advice to companies and their stakeholders in financially distressed situations.

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