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Pisces emerges from administration

Staff Reporter 1 minute read

Mortgage industry technology solutions provider Pisces Group has come out of voluntary administration.

The decision was made last Friday at a creditors meeting, however, the deed of company arrangement was signed on Thursday July 16.

Vincent Turner, business manager of Pisces Communication, told Mortgage Business that Pisces again has full control of the company and that it was very much “business as usual.”

“Administration had very little impact on the day-to-day running of the business over the last six weeks. Our clients have been very understanding and if anything we have been busier than usual,” he said.

Looking ahead Mr Turner said that the administrators had provided Pisces with some recommendations as to how to improve efficiencies and “tighten up in some areas”.

Pisces Group went into voluntary administration at the beginning of June 2009.

Pisces emerges from administration
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