The main business of Mackintosh & Partners Group has been sold for an undisclosed sum, ensuring the retention of many of the company’s staff according to administrators.
Mackintosh & Partners London Ltd’s business and assets at Small Dole, Sussex were sold last week to an as yet unnamed successor business, said Tenon Recovery.
Other group companies, McWiltons Ltd and Mackintosh & Partners Timber Ltd, have already been sold as going concerns by the administrators (TTJ, August 30/September 6).
“The sale of the business and assets has ensured that the majority of the company’s staff have been retained as employees,” said Sean Bucknall, senior insolvency administrator at Tenon Recovery.
The group had racked up more than £1m in losses before going into administration on July 23.
