Wed, 07 Mar 2012 | ADMINISTRATION
A new buyer is being sought for public policy conference organiser Neil Stewart Associates Limited, after it entered administration.
Matt Bond and Andrew Stoneman of financial advisory and investment banking company Duff & Phelps were appointed as the joint administrators on 5th March.
Founded in 1994, Westminster-based Neil Stewart Associates produces public policy conferences and events, and works with public bodies, membership associations, think tanks, campaign groups, voluntary organisations and the commercial industry.
One of the leaders in its niche, the firm manages more than 200 events each year, and has about 20 employees.
Mr Stoneman commented on the situation, “The conference sector is one that has been particularly badly hit by the downturn in corporate discretionary spending in recent years, no more so than in the public sector.”
He added, “The company has a prestigious client list and we are actively seeking a buyer for the business as a going concern. We are reviewing all options and for the time being it is business as usual whilst we conduct our search.”
Neil Stewart Associates also provides a full press and public relations, communications consultancy and campaign planning service.
Topics covered in past conferences include community budgeting, the environment, the future of apprenticeships, health and social enterprise.
The administrators for Neil Stewart Associates can be contacted here.
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