Masco Limited Liquidators near an agreement to allow a continued supply of Kymco Motorcycles to the UK
Joint Liquidators Simon Thomas and Nicholas O’Reilly of Moorfields Advisory Limited have issued the following statement:
“It is with regret that we announce that Masco Limited ceased trading on the 4th July 2017. The company endured cashflow difficulties, which ultimately became too great for it to continue to trade and so it entered Creditors Voluntary Liquidation on 14th July 2017.
Masco Limited was the sole UK importer for Kymco Motorcycles. The joint liquidators are working closely with Kymco to ensure that a new importer can be appointed to service existing customers and continue to supply new products in the UK.”
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Katie Smith
Tel: +44 (0)20 7186 1144
Email: ksmith@moorfieldscr.com
About Moorfields
Moorfields is one of the UK's leading independent firms of restructuring and insolvency specialists. Our highly skilled teams include restructuring professionals and licensed insolvency practitioners who provide leadership, experience and high quality advice to companies and their stakeholders in financially distressed situations.
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