Blondefish emerges unscathed after Mayridge business collapses
Posted by
Chris Pole and Mark Orton from KPMG LLP, were appointed joint administrators of Mayridge Group Ltd on January 21st 2016.
Shortly after the appointment, the joint administrators sold the shares in one of its subsidiaries, Blondefish Limited, to Laura Moody, MD and founder of Blondefish.
Mayridge and Blondefish had operated as two distinct and separate business units, a live events company and an event technology agency. Moody established Blondefish in 2010 and sold it to Mayridge Group in April 2014.
Laura Moody said: “Blondefish has remained profitable throughout its relationship with Mayridge. We are looking forward to continuing to deliver the very best in event technology solutions and expertise.”
Mayridge Group had made a loss over the last couple of years, making administration the only feasible option.
