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SFP OVERSEE SALE OF D&P RECRUITMENT

SFP OVERSEE SALE OF D&P RECRUITMENT
SFP has successfully overseen the sale of D&P Consultants Limited, saving 14 permanent and more than 150 temporary jobs. D&P like many other recruitment companies have faced tough market conditions over the past two years, with companies downsizing and unfortunately some of their clients becoming insolvent.SFPs Daniel and Simon Plant licensed members of the Insolvency Practitioners Association were appointed Joint Administrators of D&P Consultants Ltd on November 1st and since that time the company was sold to The Personnel Desk Ltd, another recruitment business. Going forward The Personnel Desk will trade as D&P Recruitment Specialists.SFP worked hard with the Director of D&P to find a satisfactory solution for the company and were successful in agreeing terms for a sale which has kept the company trading, comments Daniel Plant, Partner at SFP. We have a long and established track record of dealing with Administrations and sales in the recruitment sector. The positive conclusion of this Administration has kept the large temporary and permanent workforce in employment and avoided a further business closure, Daniel adds. A Director at The Personnel Desk commented that by combining the strong client and staff base of D&P and the business and management systems already in place at Personnel Desk will lead to an even stronger organization resulting in improved services to the local business community.

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