All 41 jobs were recently saved after Electrical Installation Company Connect ES Limited was placed in to Administration on the 4 January 2017.

The organisation’s headquarters which was based in Chichester, was experiencing severe financial difficulties before a corporate rescue process initiated by Joint Administrators Julie Swan and Mark Phillips, partners at PCR, helped rescue the company from the brink of collapse. The sale of the business took place a little over a week later and was completed on the 12 January 2017.

Consequently, all 41 permanent members of staff at Connect ES Limited were transferred across to the purchasing company Radlec Limited under the transfer of undertakings (Protection of Employment Regulations Act 2006).

Julie Swan of PCR said, “We are delighted that we have been able to help retain the continued employment of staff following our appointments, as well as providing the best positive outcome for its creditors”.

Ahmed Ali – Marketing & Practice Development Executive

- ends -

Download this Press Release as a PDF

Notes to Editors:

For further information please contact Hermes Financial PR Ltd, who are handling media enquiries on behalf of PCR Insolvency:
Contact Trevor Phillips; email This email address is being protected from spambots. You need JavaScript enabled to view it. or telephone 07889 153 628

PCR is a trading name of PCR (London) LLP and PCR (Newcastle) Ltd and PCR (Bristol) LLP and PCR (Milton Keynes) LLP
Insolvency Practitioners acting as administrators contract as agents of the company in administration and without personal liability
Members of the London LLP: Mark Phillips, Julie Swan, Sonny Cohen
Members of the Bristol LLP: Mark Phillips, Julie Swan, Sam Talby, PCR (London) LLP
M R Phillips - J A Swan – S Cohen –S Talby are licensed to act as insolvency practitioners in the UK by The Institute of Chartered Accountants in England and Wales

All contents Copyright © PCR (London) LLP unless otherwise noted. None of the elements on this website may be reused without permission.