Resolve appointed administrators of Aktis Strategy Limited - Resolve Group UK

Resolve appointed administrators of Aktis Strategy Limited

Resolve Group UK

Resolve appointed administrators of Aktis Strategy Limited

On 14 March 2019 Lee Manning and Ben Woodthorpe were appointed as Administrators of Aktis Strategy Limited (Aktis).

Aktis specialises in designing and managing complex projects in fragile and conflict-affected countries.  Clients comprise major Governments and inter-Governmental organisations.  Whilst principally based in the UK, Aktis also operated regional teams and consultants in the US, Europe, Africa, Middle East and Asia.

The Administrators are in dialogue with Aktis’ key clients and stakeholders in order to implement smooth transitions to new service providers where appropriate and achievable.  Parties operating in this space that are interested in continuing the supply of service to certain clients should contact the Administrators as a matter of urgency on +44 20 7702 9775 and ask for Claire Chadwick or James Thompson.

Ben Woodthorpe commented

“Aktis Strategy Limited had, for a number of years, provided renowned, complex project management in stressed locations around the world. Turnover had recently grown to around £25m, but the Company was not as profitable as expected and cash flow issues arose in late 2018 and early 2019. This has, regrettably, led to the appointment of Administrators and our duty now is to recover as much value for all creditors as is possible.”

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