Wed, 05 Feb 2014 | ADMINISTRATION
A law firm in the North East has entered administration, with reports from the Law Gazette indicating that the company will now be wound down.
Thought to be around 250 years old, Swinburne & Jackson called in the administrators earlier this week (3 February) and informed staff members about the issue on the same day. Gordon Goldie and Matthew Higgins from Tait Walker, a firm based in Newcastle upon Tyne, have been appointed as joint administrators.
Swinburne Jackson had headquarters in Gateshead, but also operated from various offices across the region, including bases in Hexham, Ryton, Washington and Chester-le-Street. They provided legal services in a number of different services, including Company and Commercial, Employment, Wills & Probate and Family, Criminal and Civil Litigation matters.
The legal regulator, the Solicitors Regulation Authority, confirmed to the Gazette that they have been informed of the closure and are working with the company to ensure that things are wound down in an “orderly” fashion.
The latest accounts filed by the business for the year ending 31 March 2013 showed a negative net worth of -£128,772. However, the company posted assets of £1,287,924 and cash reserves of £691.
________________________________________________________________________
Related information:
View the latest businesses in administration
Profit from buying a distressed business
Project Richmond provides complete, software-led warehouse management solutions and projects that aim to automate various processes, ultimately improving clients’ operational accuracy and efficiency and reducing expenditure.
The company specialises in the provision of high-quality technical training programmes. Utilising a skilled network of trainers, the business primarily delivers certified courses that enable delegates to attain coveted qualifications.
The company provides end-to-end, turnkey design, engineering and consultancy solutions, primarily working within prominent industries throughout the UK.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.