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News : Reality Show 'The Call Centre" Goes into Administration
Oct 9, 2014 -- The firm which stars in hit BBC reality show 'The Call Centre' has gone into administration - but boss Nev Wilshire says it's "business as usual."
Despite plunging in to debt, Save Britain Money Ltd will not lose its 700 employees and will continue to recruit, according to Mr Wilshire - popularly known as Big Nev.
The Swansea-based firm were forced to call in administrators after a recent court case over a lease on an office in Cardiff left them unable to pay the damages awarded against them.
Deloitte LLP will now liaise with creditors and manage the financial affairs of the call centre - who describe themselves as "the consumer champion."
A statement read: "The directors of Save Britain Money Ltd can confirm that they have appointed administrators.
"Save Britain Money is a non-trading company that was established to provide operational support to companies in the SBM group.
"As a non-trading company the business did not have the financial resources available to pay damages awarded against it in a recent court case regarding a lease on a former office.
"As a result, the directors had no option but to call in administrators; no jobs have been lost at Save Britain Money as a result of this process and all other group companies continue to trade as normal."
The hit BBC Three fly-on-the-wall documentary managed by larger-than-life character Big Nev uses the catchphrase "happy people sell."
Posted by Veronica Silva Cusi, news correspondent
Today's Tip of the Day - Power Hour
More Editorial From Save Britain Money Group
About Save Britain Money Group:
Save Britain Money is the parent company for seven successful companies. Nationwide Energy Services, We Claim U Gain, Billscutter, Save Me My Money, HiS Energy, Debts Reduced and Fuelswitch.com. The company provide a range of money saving services to the British public including; energy efficiency surveys and installation, renewable energy advice, PPI claims management, online and telephone fuel switching and debt management plans.
About NewVoiceMedia :
NewVoiceMedia is a global provider of cloud technology which helps businesses sell more, serve better and grow faster
Published: Friday, October 10, 2014