September 27th, 2018 / Insight posted in KS News

Kingston Smith & Partners save 16 jobs in Discovery Records sale

Administrators at Kingston Smith & Partners LLP have sold the business and assets of Discovery Records Limited to existing management in a deal that has preserved all 16 jobs as well as ongoing trade at the music distribution company in Corsham, Wiltshire.

Joint Administrator Ryan Davies, Licensed Insolvency Practitioner at Kingston Smith & Partners LLP, the corporate recovery and insolvency arm of top 20 accountants Kingston Smith LLP, comments: “We are pleased to have been able to keep all 16 staff in their jobs and preserve this local business, which will continue to trade as normal.”