Kingston Management in Administration

Kingston Management (Guernsey) Limited was placed in to Administration by the Royal Court of Guernsey on 8 September. Alan Roberts and Adrian Rabet of Begbies Traynor were appointed as Joint Administrators.

The Company, based in Hirzel Court, St Peter Port, currently employs seven people. The staff will continue to work for the company in order to facilitate the transfer of the client portfolio to other management companies which is expected to take several months.

Commenting on the appointment, Joint Administrator Alan Roberts said: “Protection and improvement of client service is a key requirement of this process. The Regulator has been consulted at all stages of the process and we look forward to a successful outcome of the portfolio transfer in coming weeks.”