Jobs at the Salford based media Company Unilad are at risk after the owner of the group has been put into administration today with debts of £6 million.
The business, based on Blackfriars Street, describes itself as one of the world’s biggest global platforms for breakable news, shareable and relatable content.
A judge in London has decided today that it should go into administration.
Judge Clive Jones made an order on Thursday after being told that Bentley Harrington Ltd owed more than £6 million
He also heard that a number of investment proposals were on the table and a lot of people were interested in the company.
Started as a Facebook banter group,the group has hundreds of employees based at its headquarters in Salford as well as secondary offices in Shoreditch, London, and New York.