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"Simon Thomas and Fred Satow of Moorfields Corporate Recovery LLP were appointed Joint Administrators of In “n” Out Services Limited (“INO”) on 12 August 2010. In “n” Out Properties Limited, a wholly owned subsidiary of INO was also placed into Administration. Incorporated in October 2004, INO is a provider of car maintenance and MOT testing services for the UK market. The Company has had cashflow difficulties as a result of its failure to raise further funding. The directors resolved that Administrators be appointed to protect the assets of the Company while it’s business is advertised for sale on the open market. Trading The Joint Administrators continue to trade INO with the view to selling its business and assets as a going concern. Operations remain open for trade in Cardiff, Bristol, Northampton (Kettering Road), Northampton (Towcester Road), Kettering, Milton Keynes, Chesterfield, Doncaster, Nottingham, Wednesbury, Stockton, and Stevenage. Unfortunately, upon appointment the Joint Administrators were forced to close trading sites located at Derby and Scunthorpe with immediate effect. A number of redundancies were made, providing necessary cost savings to support continued trade. Around 100 employees remain spread across the regional trading sites and at the head office in Silverstone. Customers All customers who wish to attend the site within their local area are invited to do so. For the sites that remain in operation it will be business as usual until further notice and a full range of INO’s service offering will be available. Interested Parties All parties interested in making an offer for the business and assets of INO are asked to contact Ben Kay on 0208 528 1713 or bkay@moorfieldscr.com. Creditors All creditors of INO who would like information on the details of the Administration or who wish to submit a proof of debt are asked to contact the Joint Administrators office on 0208 528 1090 Suppliers/Reservation of Title All suppliers of INO who would like information on the details of the Administration and those who may wish to exercise a reservation of title over stock/inventory are asked to contact Jon Ausena of the Joint Administrators office on 0208 528 1090. Simon Thomas said "" In “n” Out Services Limited is an award winning provider of car maintenance and MOT testing services with modern and well integrated workshops based around the UK. We have already received a number of expressions of interest from likely buyers and are hopeful of achieving a swift going concern sale. Please could interested parties contact us as soon as possible. Whilst we have regrettably had to make a number of redundancies on our appointment, we are hopeful of achieving a going concern sale and preserving the remaining jobs. It is possible that any purchaser of the business may wish to re-employ staff we have had to release in the short-term"" Should you wish to speak with Simon Thomas or Fred Satow please call 0208 528 1090. Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists. Its clients range from small businesses and SME's to major multinationals."

Simon Thomas and Fred Satow, partners at Moorfields Corporate Recovery LLP and joint administrators to In ‘n Out Services Limited (“INO”) are pleased to announce that following an intensive three week marketing period they have successfully completed a sale of the business and assets to In ‘n Out Centres Limited (formerly Ensco 803 Limited). The sale is on a going concern basis saving a significant number of jobs and will allow the INO brand to build on its growing reputation in the market place for high level of service and customer satisfaction. Simon Thomas, Insolvency Practitioner of Moorfields commented on the sale: “There has been a large amount of interest in acquiring the business, with a number of competitive offers made. We are pleased with the outcome as it was the offer which represented the best outcome for the creditors of In ‘n Out Services Limited” Should you wish to speak to Simon Thomas or Fred Satow, please call 0208 528 1090.

A PICTURESQUE hotel is set for a new lease of life under new ownership. The Durker Roods Hotel at Meltham has been bought by Honley entrepreneurs Pauline and Richard Hough. Now they have set about revitalising the property – once owned by industrialist David Brown – in a bid to restore the hotel to its former glory. The hotel, which was in the hands of administrators for many months, was sold to the husband and wife team for close to the £700,000 asking price. The sale was conducted by property agency Colliers International on behalf of insolvency firm Moorfields Corporate Recovery. Fiona Hough, daughter of the new owners, said work to refurbish the bedrooms, corridors and communal areas was already under way. It was also planned to revamp the hotel restaurant and – in the longer term – make more of a feature of the building’s links to the tycoon who built up David Brown Gears, David Brown Tractors and at one stage owned Aston Martin. She said: “There is a David Brown Tractor Museum nearby and the hotel could be appealing to tractor enthusiasts. “We want to make the most of the function rooms and increase the number of weddings. “The grounds are beautiful and the house is splendid. We want to make it into a busy, bustling hotel as part of what is a busy, bustling village.” A spokeswoman for Colliers said there had been keen interest in the property. She said: “It is a well-established hotel and a pretty building, which attracted very strong competitive bidding.” Durker Roods has 30 bedrooms, a lounge bar, a restaurant and function rooms, extensive lawns and formal gardens and car parking. For many years, it has been a popular venue for weddings and has also hosted corporate functions and conferences. The hotel, which was built in 1870 as a private residence and was converted into a hotel in 1975, has had a chequered history in recent years. In 1999, it was bought by Kings Inn before the company added to its interests by acquiring the 16-bedroom Tower House Hotel in Halifax. That company went into administration in February, 2008, after which the hotel operated under licence from the administrators. The hotel was put on the market in August last year on behalf of administrators at RSM Bentley Jennison & Co. Since then, the insolvency firm has changed its name to Moorfields. A spokesman for Moorfields said resolving the administration and sale had been “a long haul” due to the effects of the recession on the pubs, restaurants and hotels sector.

"Moorfields announces that it has opened it's second office, continuing their growth by establishing a local presence in Leeds to service the insolvency marketplace in the North. The new office ,located in the heart of Leeds city centre, will ensure that Moorfields can provide a national service as well as servicing existing clients in the most cost effective way. Moorfields launched their London practice in March 2008 and 2 years later, demand in the North of England, dictates their need to extend their operation and explore business opportunities nationally. Director, Dianne Turner, will head up the Leeds office and will be instrumental in establishing the new venture. Dianne Turner said ""Leeds has a dynamic and diverse business scene and I am excited Moorfields is now part it. Having worked in Leeds for many years I am already well known locally so I am looking forward to increasing our presence with the support of the Leeds team"" Phil Smith and Simon Thomas said ‘The opening of Moorfields Leeds represents an exciting expansion of our network, and provides us with the important coverage we need to service the North of the country more effectively"" Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists. Its clients range from small businesses and SME's to major multinationals."

"The Joint Administrators, Simon Thomas and Fred Satow of Moorfields Corporate Recovery LLP offer for sale the business and assets of In ""n"" Out Services Limited. In ""n"" Out Services Limited is an award winning provider of car maintenance, repair and MOT services."