Walsall-based chartered surveying company Kumar and Company is handling around 17 insolvency auctions in the wake of company failures over recent weeks and months, across a broad range of business sectors, they say.
The firm acts for insolvency practitioners, local authorities and private businesses across the UK.
Most recently the company says the liquidation of Coventry-based Quantum IT Distribution Ltd is amoung a “surge” of insolvencies which have ocurred as a result of additional pressures experienced over the festive period.
“It is among a surge in liquidations and insolvencies across the Midlands over recent months. We are handling some 17 cases, including businesses in the hospitality and food sector, manufacturers and IT…