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Wednesday, 13 May 2009

Recession fuels KSA’s Growth!

Recession fuels CompanyRescue, Administration, Liquidation and KSA’s Growth!

KSA Group is delighted to announce that Eric Walls of Marlor Walls has joined KSA Group as Turnaround and Insolvency Director from 1st May 2009. Eric and his team will now be able to provide high quality insolvency advice to our clients across the UK.

KSA Group can now offer a full range of liquidation and administration advice to our clients as well as our famous turnaround and CompanyRescue company voluntary arrangement expertise, from three KSA offices across the UK. This is supported by the biggest online source of help and support for troubled businesses.

Eric’s insolvency team will be based in Gateshead and London. Keith Steven will continue to be based in Tower 42 offices in London. KSA’s head office will remain at Berwick. Alan Marlor will also join KSA Group as a consultant providing his decades of insolvency experience to the KSA team and its clients, on a part time basis.

Keith Steven, managing director of KSA Group said, I am delighted to welcome Eric, Alan and their team to KSA. Being able to offer in house insolvency advice is something we have planned for some time. Our ethos is always going to be “CompanyRescue” but there are times when businesses are simply not viable and cannot be turned around.

We can now quickly and professionally liquidate insolvent companies and restructure very distressed businesses through administration and CVA’s. Pre-pack administrations have recently attracted adverse publicity and are currently in the regulatory spotlight, but innovative CVA’s can be used in many such situations.

We are recruiting additional insolvency practitioners and hope to announce a further appointment in the next few weeks.

KSA is passionate about rescuing viable businesses but also offering the right advice to worried directors and creditors. We will continue to build our online business support service at and publish more valuable plain English guides free of charge in this recession period.

Too many viable companies will fail in this recession and KSA Group is determined to help as many people as possible with rescue, turnaround and insolvency advice.

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