Active Signs Limited, the Kent based sign design, manufacture and installation company, entered into administration on 26th February 2009 with the appointment of joint administrators, Mark Newman and Vince Green, directors at Vantis Business Recovery Services (BRS), a division of Vantis, the UK accounting, tax and business advisory group.
Limited trading continues, although 70 redundancies have regrettably been made.
Commenting on the administration, Mark Newman said: “The business was sadly forced into administration due primarily to a lack of working capital. We are working closely with the management team to assess the opportunities to rescue all parts of the business.”
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