Updated: 30th June 2018
SRM Holdings, a Leeds based property group and 36 of its subsidiaries which included Morris Properties, had debts totalling more than £50m owed mostly to a number of high street banks. The economic downturn in the housing market coupled with some bad publicity surrounding the business were cited as the main reasons for the failure of the company. All staff were unfortunately made redundant following the collapse. Investigations into the conduct of the companies’ directors have now commenced.
Bob is the managing partner in our Leeds office. Prior to joining the firm, he was a partner at Deloitte and Kroll and he has nearly 20 years’ restructuring and recovery experience. Bob qualified as an ACA in 1990 and is a Licensed Insolvency Practitioner. He has led numerous cases, both domestic and international, incorporating turnaround assignments, financial restructuring and insolvencies.
Bob has experience across a broad range of industries including retail, manufacturing, distribution, construction, motor retailing and media. His clients include banks, Asset Based Lenders (ABLs), venture capitalists, pension scheme trustees, corporates and government.