HPI into recievership

It looks like one of my favourite rc companies is in trouble with HPI racing’s European section apparently going into recievership if the footer on their website is anything to go by. I guess only time will tell what happens.

The affairs, business and property of Hobby Products International Europe Limited are being managed by Eddie Williams and Nick Wood, appointed as Joint Administrators on 14 January 2016.

The Joint Administrators act as agent of the company without personal liability.

Eddie Williams is authorised by the ICAEW to act as an insolvency practitioner and Nick Wood is authorised by the IPA to act as an insolvency practitioner.

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