‘Due to delays in the investment required for the business to begin trading’
Administrators have been appointed to Templar Corporation; nearly a year after the firm first submitted a wind up petition to the court on 21 February 2020, which was dismissed on 29 June for reasons unknown.
A second ‘Petitions to Wind Up (Companies)’ was submitted on 4 January 2021, with administrators Jamie Playford and Alex Dunton of Leading Business Services appointed on 12 January.
The firm entered administration “due to delays in the investment required for the business to begin trading”, Playford said.
“The London-based company sustained pressure from a former employee which resulted in a winding up petition, and as a protective measure, the company entered administration.”