Groundwork Insolvent

http://www.northwest.groundwork.org.uk/merseyside.aspx

Groundwork Merseyside were the managing agent for the site “responsible for developing the public use of the site and working with The Land Trust in engaging the community to make the site a success”

Groundwork Merseyside

It is with enormous regret that the Board of Trustees of Groundwork Merseyside has to announce that it is appointing insolvency practitioners from PKF (UK) LLP with immediate effect. Groundwork Merseyside employed 30 people most of whom will lose their jobs immediately. The funding landscape for charitable organisations has changed beyond recognition in the past 18 months and it has become impossible for Groundwork Merseyside to continue trading. Groundwork Merseyside is part of the Federation of Groundwork Trusts and it is hoped that the charitable work taking place in communities around Merseyside will continue but will be managed by neighbouring Groundwork offices across the north west region.

GROUNDWORK MERSEYSIDE LIMITED (“THE COMPANY”)

IAN GOULD AND JONATHAN NEWELL OF PKF (UK) LLP WERE APPOINTED JOINT ADMINISTRATORS OF THE COMPANY ON 30 JANUARY 2012 AND AS SUCH THE AFFAIRS, BUSINESS & PROPERTY OF THE COMPANY ARE BEING MANAGED BY THEM. PARTNERS AND STAFF OF PKF (UK) LLP ACTING AS ADMINISTRATORS CONTRACT WITHOUT PERSONAL LIABILITY.

Press Statement by Langtree 1st February 2012

The opening of Liverpool’s Festival Gardens remains on schedule despite the news that Groundwork Merseyside has gone into administration.

Groundwork Merseyside had been appointed by the Land Trust to undertake the day to day management of the site when it opens later this year.

Euan Hall, chief executive of the Land Trust, commented, “Whilst it is desperately sad to see yet another organisation fall foul of our current economic climate, it is still our intention to open the gardens as soon as practical completion has been achieved.

We are reviewing alternative management options currently, but we must stress that this will not affect the scheme in any way and we still remain committed to ensuring that Festival Gardens becomes the iconic site that the people of Liverpool deserve.”

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