I have heard/read that Sourceable Limited is in insolvency, what does this mean?
Sourceable Limited, the previous owner of the business, entered administration on 10th December 2019, with Stephen Absolom and William Wright of KPMG LLP being appointed as administrators. Swoon co-founders Brian Harrison and Debbie Williamson took control of the business they founded on the same date. Swoon will continue to trade under the new registered company Swoon Editions Ltd. The website and day-to-day operations remain unchanged.