Brand behind Keller Williams market centre closes amid reshuffle

The company behind Keller Williams' Evolve Market Centre - TBF Centres - has entered voluntary liqudation, Companies House documents show.

It comes as the director of the company, Evelyn Foster, has taken over the KW Scotia and the KW Caledonia Market Centres through another of her businesses called EA Market Centres that was formed in August 2022

Companies House documents show TBF Centres entered voluntary liquidation this week, which is being managed by FRP Advisory.

A statement of affairs shows alsmost £220,000 is owed to creditors, including a £135,000 HMRC bill.

Foster is also owed £66,000.

The document shows that the company has £6,100 of assets available for preferential creditors.

Estate Agent Today has queried how and why TBF Centres went into liquidation and if the debts will be repaid.

Foster did not respond to this point when asked, but said: "Scotia and Caledonia have been working together for a number of months now and I have now brought them together under one company and moving forward with my established leadership team. 

"In consultation with my shareholders and the restructure of Scotland, this was the best way for agents to receive full support and grow the agent count in Scotland under one team."

Ben Taylor, chief executive of Keller Williams UK, said: "EA Market Centres is the new owner of both the KW Scotia, previously called Evolve, and the KW Caledonia Market Centres.

"The leadership team is delivering a strong value proposition across both market centres and as a result we are seeing Scottish agents benefit from this, and we are delighted to see their individual businesses go from strength-to-strength."