By Jonathan Davies
The call centre run by Nev Wilshere, made famous by the popular BBC Three programme The Call Centre, has gone into administration.
Save Britain Money employs around 700 people in Swansea, but it has stressed that it will be very much 'business as usual' for now. No jobs will be cut, and the call centre is even continuing to hire new staff.
It fell into administration because it could not pay damages awarded against it in a court case over one of its old offices in Cardiff.
In a statement, Saving Britain Money said: "The directors of Save Britain Money Ltd can confirm that they have appointed administrators
"Save Britain Money is a non-trading company that was established to provide operational support to companies in the SBM group. As a non-trading company the business did not have the financial resources available to pay damages awarded against it in a recent court case regarding a lease on a former office.
"As a result, the directors had no option but to call in administrators; no jobs have been lost at Save Britain Money as a result of this process and all other group companies continue to trade as normal.
"The administrators are now managing the affairs of Save Britain Money and liaising with creditors."
Deloitte has been appointed as administrator.
Save Britain Money was last year fined £225,000 for harassing customers with "nuisance calls".
The Call Centre showed the inner workings of Save Britain Money and the eccentric management style of boss Nev Wilshere, or 'Big Nev'. Save Britain Money was later named as the second best place to work by the Sunday Times.
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