Message to the Network


As you may be aware, all tangible assets have now been sold to third parties.

The principal asset which remains to be realised is the debt due from the distributor network.

Whilst progress has been made in collecting the ledger there remains a significant number of distributors who have not discharged their debt.

The Administrators have retained the services of Dawn Matcham and Amanda Kandler to assist with the collection process. They can be contacted on 01254 304177 or by email at

Staff will be retained whilst progress is made in realising the deemed collectable ledger which totals hundreds of thousands of pounds. We would urge you to make contact as soon as possible in order to resolve any queries, agree the balance on your account and come to terms with an agreeable payment plan if appropriate. Discounts may be available for prompt payment.

In the case of B2B distributors, if no action is taken to make contact to settle the debt we will need to consider appointing debt collectors and/or a sale of the ledger to a third party.

In the case of B2C distributors, the Company remains FCA regulated in order that your circumstances are taken into consideration when reaching settlement.

Your co-operation is appreciated.

Kind regards

David Acland
Joint Administrator