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Friday, 15 June 2012

Allders in Administration

As we thought might happen, see our blog earlier,  Allders of Croydon has gone into administration this morning with hundreds of jobs at risk.  Insolvency practitioners at Duff and Phelps have been appointed as the administrators.  This is a blow to Croydon as Allders is an important draw for shoppers to the town centre.  The administrators have said that the store will remain open and accounts paid while they seek to determine its future.  They are optimistic and there is interest in the store as part of a total redevelopment of the town centre.

If you are an employee of Allders please see our help for employees pages

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Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

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