Risk management business collapses

Crisis Survivor, the risk management and business continuity consultant, has gone into receivership.

The company was formed in 2007 and offered a “holistic” approach to risk management. It now has 38 creditors and debts of £312,599.

Vaughan Andrewartha, director of one of Crisis Survivor’s creditors, Votive Communications, commented: “It beggars belief that a group of so called crisis survival experts were unable to comprehend that having amassed debts of over three hundred thousand pounds in four years didn’t constitute a crisis.”