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Optima goes into administration

One of the UK’s leading subscription bureaux, Optima, went into administration earlier this week.

The statement on the company’s website reads: “On 21 December 2009, the companies entered administration with A Swarbrick and C A Lewis being appointed Joint Administrators. The appointment was made by the Company’s Directors under the provisions of paragraph 22(2) of Schedule B1 to the Insolvency Act 1986.

The company is continuing its business under our supervision whilst we conduct an investigation of its financial affairs. Should you have any queries, please contact the Administration team on 0207 951 2000.”