UK Estate Agents Enter Liquidation, Viewings Halted
Wallers Estate Agents Limited, a previously award-winning agency based in Oxford with an additional office in Swindon, is under liquidation. Recent filings with Companies House indicate that the agency is permanently closed and has entered a state of financial distress.
Liquidation Details and New Management
The liquidation process for Wallers began late last year. In April 2023, the appointed liquidators, Nicholas Cusack and Paul Bailey from BABR in Brighton, were dismissed by court order. Subsequently, Kirren Keegan from the same firm was appointed as the new liquidator.
Financial Situation
According to a statement submitted to Companies House on September 8, 2023, Wallers Estate Agents Ltd carries liabilities totaling £59,826 owed to various creditors.
Breakdown of Debts
- NatWest: £31,567 (Bounce Back loan)
- £1,000 (business credit card)
- £19,996 (other debts)
- HMRC: £59.94 (PAYE)
- CF&L: £7,202 (leasing specialist in Southend, Essex)
Membership and Closure
The Property Ombudsman, of which Wallers was an active member, has confirmed the agency’s registration ceased in August 2024. This independent organization provides dispute resolution services for both consumers and property businesses.
Founded in 2014 by Rowan Waller, Wallers Estate Agents aimed to redefine the estate agency experience. The agency’s website, now taken down, emphasized a commitment to keeping processes “simple and straightforward.”
Impact of Liquidation on Services
With Wallers entering liquidation, all property viewings and associated services have been halted. The closure marks a significant shift in the local property market, given the agency’s previous reputation and service offerings.
