PJ Brown Limited (Ltd) entered into administration on 22 December 2009. Ian Vickers and Phil Armstrong, Client Partners at Vantis Business Recovery Services (BRS), a division of Vantis, the UK accounting, tax and business advisory group, were appointed as Joint Administrators.
PJ Brown Ltd, based in Crawley, West Sussex, entered into administration as a result of the current economic downturn. Regrettably, 150 redundancies have been made. The subsidiary parts of the PJ Brown business group are unaffected and continue to trade as going concerns.
Commenting on the case, Ian Vickers said: “We are working closely with the Director to assess the value of realisations from the business, with a view to marketing it for sale for the benefit of the Company’s creditors. Furthermore, we are closely involved with staff affected to ensure all their claims are processed on a timely basis.”