LDD Group looks for a buyer and goes into administration

imagesLeeds reseller LDD Group has gone into administration after the company was disrupted after one of its directors fell sick.

Walsh Taylor was appointed as LDD’s administrator on 19 April, and said that the outfit was continuing to trade while it seeks a buyer to secure its future.

LDD Group specialises in IT, telephony and managed print services, with a turnover of £8 million. At its peak, it had revenues of £12 million and almost 50 staff, counting Nike among its clients.

Walsh Taylor director Mary Taylor said that after the ill health of one of its directors – and the unforeseen impact this has naturally caused – the directors felt they were not in a position to carry on themselves.

The priority is very much to sell the company as a viable going concern, safeguarding its future, and retaining as many jobs as possible, she said.

“LDD Group is a family business with a good name, a proven track record, and a national customer base spanning around 30 contracts – particularly in the education and health sectors”, Taylor  said.