From the administrators' statement

6.1 Background of the Company The Company was incorporated in 2008 and promptly commenced trading. Steve Jones (SJ’) was immediately appointed and acted throughout trading.

The business had existed under another legal entity name Richard Worth Estate Agents Limited (RWEA’), company number 03865682, which was bought out via the Company around July 2008. This was a conventional sale but on 6 November 2008 RWEA was placed into creditors voluntary tiquidation.

The Company and others in its group structure initially provided both sales and letting services, but this changed in 2015 when it suffered a fraud in the sum of £1.965m. This along with the subsequent key events leading to and immediately following the commencement of the Administration are detailed under Appendix I Section 5 — Pre-Appointment Matters.

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Richard Worth Limited (06650427)

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