Tue, 22 Mar 2011 | ADMINISTRATION
Workwear manufacturer Sorsky, based in Widnes in Cheshire, has been placed into administration.
The firm supplies clothing, personal protective equipment and hygiene products to a range of industries.
The administrators, Paul Flint and Brian Green of KPMG Restructuring, have made 25 of the 40-strong workforce redundant. The remaining 15 staff have been retained by the administrators.
Joint administrator Paul Flint commented on their intentions for the company: “We are continuing to try and trade the business while we seek a going concern sale for the business and its assets. Any interested parties should contact us as soon as possible.”
Established in 1919, the family-owned Sorsky is a member of the Yeoward Group of Companies, with three distribution bases in the UK and a head office in Tanhouse Estate, Widnes.
Sorsky’s services include stock and logistics management ensuring fast delivery, an expanding product range, advice on product selection and a computer-based order tracking system.
Its turnover for the year ending 30 September 2009 was £8.73 million, showing a slight decrease on previous years, with pre-tax profits of £69,000.
Presenting an opportunity to acquire a very profitable plumbers and heating merchants business operating nationwide.
Popular and well-regarded Sushi and Ramen restaurant and takeaway, which is situated in a prime city centre location in Norwich. The premises are set over three floors and are presented to an extremely high standard throughout and offers the opportun...
LEASEHOLD
Established respected business, holding valuable private and public sector client base, there being a number of key clients, some paying a retainer and from which regular repeat business is received ensuring a substantial pipeline figure.
26
|
Apr
|
Major double glazing firm Everest enters administration | ADMINISTRATION
Everest, one of the largest providers of double-glazing in t...
26
|
Apr
|
Kent-based scientific consultancy sold to US firm | BUSINESS SALE
A4P Consulting Limited, a scientific consultancy company hea...
25
|
Apr
|
Ambulance services provider acquired in pre-pack deal | BUSINESS SALE
Elite Emergency Medical Services Ltd (Elite EMS), an ambulan...
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.