Neet Feet Ltd, the face-to-face fundraising agency accused of unethical practices in a recent article in The Sun, has been put into liquidation with the loss of over 100 jobs, a spokesman for its directors said today.
In a statement received this morning, a spokesman for the embattled agency said that “the directors have voluntarily placed the company into liquidation” with immediate effect.
The news comes two weeks after the The Sun published an article based on a month-long undercover investigation of the agency. In the piece, the reporter allegedly uncovered evidence of Neet Feet fundraisers using aggressive tactics, deliberately targeting the young and elderly and the use of illegal drugs during work hours.
The agency, whose head offices are registered in north London, also had offices in Bristol where the majority of the wrongdoing allegedly took place.
The agency has previously said it employed 130 people, some of whom have already left. All of the remaining staff are set to be made redundant.
A number of high-profile charities who were also named in the article – including Save the Children UK, Unicef UK and Action for Children – all suspended the use of the agency’s services in the wake of the article being published.
According to its last set of total exemption small company accounts, filed on 31 January 2015, the agency had assets at the time of £188,331.
PFRA investigation to continue
A PFRA spokeswoman has said that it the stadards sub-committee investigation will still present the findings of its investigation into Neet Feet, despite the agency's liquidation.
In a statement made on Thursday, the PFRA confirmed that it had launched its first ever investigation into a member, after the The Sun published its article.
The PFRA's seven strong standards sub-committee held "initial meetings" with the directors of Neet Feet last week and are due to report their findings at a PFRA board meeting scheduled for this week.
The PFRA said that Neet Feet “has co-operated fully with this process at all times”.
As Civil Society News reported, the PFRA’s board began the process of suspending Neet Feet’s membership the day after the article appeared in The Sun.