Thu, 22 Mar 2012 | ADMINISTRATION
Kirkstone Quarries has entered administration, leaving administrators examining options for the future of the Cumbrian company and its assets.
The quarrying business, which was established in 1949, ceased trading last week, after suffering the effects of a sluggish building trade, as well as competition from imported stone, especially from India, South America and China.
Administrators were appointed from Carlisle-based firm, Armstrong Watson, who made all of the company’s 39 employees redundant.
“We are assessing various options for the future of the company and its assets,” a spokesman for Armstrong Watson said. “Our investigations into the company’s affairs and the events leading up to the administration appointment are at an early stage. We are currently unable to comment on the likely outcome for the company or its creditors.”
The business closed down its showroom in Kendal in October, but opened a new display area at its headquarters and stone finishing facility in Skelwith Bridge, according to The Westmorland Gazette. The business’s main quarry was on the top of the Kirkstone Pass, but they also had an operation near Hawkshead. As well as the local outlets, the business also ran a showroom in Fulham in west London.
Kirkstone had won awards for its stone and slate products and had previously run a lucrative trade in providing items including flooring, counters, and water features for projects across the globe.
Bring to the market this leasehold specialist car sales and servicing facility located in Horncastle, Lincolnshire. The trade was established as a limited company in 2005.
LEASEHOLD
The company is an online vehicle purchasing platform, providing a fast, hassle-free car-selling service for the end user. A competitor to the likes of webuyanycar.com and Motorway, the company is a well-established online vehicle purchasing platform...
Bringing to the market this denim and casual wear retailer, boating a user friendly comprehensive online presence.
22
|
Nov
|
Construction firm Lyjon calls in administrators | ADMINISTRATION
Cheshire-based contractor Lyjon Group has appointed administ...
22
|
Nov
|
Historic Yorkshire yarn maker weaves towards employee ownership | BUSINESS SALE
A West Yorkshire yarn manufacturer that dates back to before...
22
|
Nov
|
Redsquid going national after new funding and acquisition | BUSINESS SALE
IT managed service provider (MSP) Redsquid is going national...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.