Partner Article

10 jobs saved as Bolton’s Swinton Communications Limited is bought

10 jobs have been saved as Bolton’s Swinton Communications Limited is bought following its going into administration.

Jason Elliott and Craig Johns of Cowgill Holloway Business Recovery were appointed Joint Administrators of the Bolton-based provider of telecom equipment and services.

Cowgill Holloway Business Recovery has been able to secure a sale of the trade and assets on a pre-pack basis to Can You Get Me Limited, also located in Bolton.

The sale has successfully secured the ongoing employment of 10 of the 12 staff members across the company’s four North West leasehold premises.

Swinton Communications operated as a provider of telecommunications, selling on behalf of T-Mobile and Daisy Communications.

More recently the company expanded to include the sale of branded E-Cigarettes.

Head of Business Recovery, Jason Elliott, said: “After suffering a loss of turnover through 2014 and from more recent significant short-term cash flow pressures, the business was unable to meet its ongoing obligations.

“As a result, Swinton Communications Limited was placed into administration.

“However, we are pleased that, through a successful sale process, we were able to preserve the business and the employment of 10 members of staff.”

This was posted in Bdaily's Members' News section by Sophia Taha .