Estate agency reportedly closes its doors having amassed £60k in debts – London Wallet

Family-run Oxford estate agency Wallers appears to have ceased trading, with the business now listed as permanently closed on Google and entering liquidation, according to filings at Companies House.

The company, based in Rose Hill, Oxford, also operated a branch in Swindon and was a registered member of The Property Ombudsman.

Wallers had built a local reputation for its customer-focused approach but now appears to have shut its doors for good as the liquidation process gets underway, as revealed by Oxford Mail.

According to a statement of affairs submitted to Companies House on 8 September, insolvency practitioners Nicholas Cusack and Paul Bailey of Brighton-based BABR have been appointed to oversee the company’s dissolution.

The documents show that Wallers Estate Agents Ltd owes £59,826 to a number of creditors. The bulk of this is owed to NatWest Bank, including £31,567 from a Bounce Back Loan, £1,000 on a business card, and a further £19,996.

Other liabilities include £7,202 owed to Southend-based leasing firm CF&L, and a small PAYE debt of £59.94 to HMRC.

The company’s registration with The Property Ombudsman, of which it was previously a member, formally ceased in August 2024, and its website has since been taken offline.

Wallers, formerly known as Isis Estate Agents, rebranded in late 2014 after the rise of the jihadist group ISIS caused negative associations with the original name, Oxford Mail reports.

The agency had built a strong local presence over the years and was actively involved in the Oxford community, including sponsoring Oxford City Football Club.

At this stage, the reasons behind the company’s closure have not been disclosed. Wallers has been approached for comment.