Local Insolvency Practitioners Sell To AIM Listed Company
Somerset based Neville Eckley & Co, licensed insolvency practitioners was sold to AIM listed Debts.co.uk plc last week.
With 4 offices across South England, the firm offers businesses and individuals advice in tackling debt and insolvency.
Neville Eckley commented “Debts.co.uk is an ideal partner to help develop our business. Combining the two companies will give our clients a stronger and more diversified service”.
Neville Eckley and his 18 staff will continue to work in the business.
Paul Carter, Chief Executive Officer of Debts.co.uk said “We are delighted to welcome Neville and his team to the Company and believe his established network of offices in the South will broaden our reach and client base and provide a number of opportunities for growth for the enlarged Group.”
Neville Eckley helps individuals and families who run up debt with credit or store cards, HP or lease agreements, mortgage arrears, bailiff calls, council tax or utility arrears.
For small to medium-sized businesses with corporate debts Neville Eckley can assist where possible with a recovery plan, or by managing the problem through liquidation, or administration.
James Evans, partner at South West law firm Foot Anstey said “We have advised Neville Eckley over a number of years and so we understood the business when we were called in to handle this sale and its property and employment issues.”
Halliwells LLP acted for Debts.co.uk.
Published 16/10/2006
