Through that deal, the group's debt was assigned to Doorway and the lender provided a receivables funding facility to the legal services business. The Fairpoint statement added: 'The board believe that this new facility provided by Doorway will enable Simpson Millar and its subsidiaries to continue to trade as going concerns and take advantage of the growth opportunity presented by the size and highly fragmented nature of the consumer legal services market.' Fairpoint said ongoing support for its other subsidiaries was made more difficult by the 'onerous' four-year lease on the group's head office in Chorley, Lancashire, which involves a £1m commitment every year. As a result, the board has concluded the holding company of the group, Fairpoint Group PLC, is no longer able to continue trading as a going concern and has filed notice of intention to appoint administrators.