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CRISIS SURVIVOR GOES INTO ADMINISTRATION OWING £300,000

05-12-2011 12:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: CANDAC Industries (Media and News)

/ PR Agency: CANDAC
11 May 2011
PRESS RELEASE

CRISIS SURVIVOR GOES INTO ADMINISTRATION
Owing over £300,000

Crisis Survivor, the risk management and business continuity specialist, has gone into receivership, leaving 38 creditors and debts of £312,599.

The directors of Crisis Survivor who were responsible for implementing Crisis Survivor’s strategy and driving the business forward include Michael Walker, a former Prudential Financial executive; Tony Gimple, who previously worked for American Express and Chancery Law Group; Richard Vardy, former company secretary to both Union plc and Investec Group plc; ex-Aon and Marsh employee and BIBA committee member Bill May; Paul Lucraft, who previously worked for MasterCard and runs his own credit card agency, Paul Lucraft Associates Ltd; and Tony O’Neill.

Vaughan Andrewartha, director of one of the creditors, Votive Communications, commented: “It beggars belief that a group of so called crisis survival experts were unable to comprehend that having amassed debts of over three hundred thousand pounds in four years didn’t constitute a crisis. I personally would be extremely surprised if we see any of the directors involved in any element of crisis management in the future as their handling of their own business shows they are woefully lacking at identifying business critical issues.”

- ENDS –

About Crisis Survivor
Crisis Survivor was launched in June 2007 to supply Business Continuity Planning services both to and via the professions and the insurance industry.

Votive Communications
61 Fleet Street
London
EC4Y 1JU

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