Strike, formerly Housesimple, has still not filed their last year’s accounts, despite the deadline sitting at 31 March as it always has.
Things are currently up in the air in the online estate agency’s boardroom, with the company forced to make substantial job cuts this year; a number of positions across the business are believed to be at risk of redundancy, as the online estate agency adjusts to tougher housing market conditions.
After seeing other online firms, such as Purplebricks, announcing major cost-cutting measures and redundancies towards the end of last year, EYE understands that Strike is trying to adopt a similar approach, following the recent economic downturn, which has compromised the agency’s operating model.
In January, the online agency had more than 450 members of staff across Strike and Strike Financial Services, but EYE reported towards the end of that month that over 150 role redundancies were being proposed as the company looks to reassess and significantly reduce the size of the teams across the business.
But to be clear, we are not sure why the required accounts have not yet been filed, and it may just be that they have not been published to the public as of yet.
Scrutiny comes along with the accounts, as everyone knows, with a deep delve into the ongoing behind-the-scenes finances of the online estate agency, and that is something Strike may be trying to avoid as it prepares a potential bid to buy Purplebricks.
Purplebricks sale process ‘ongoing’ as agency given more time to ‘Strike’ a deal
