F.J.Bamkin & SON Limited (00278156): administration
- Status
- Administration ended
- Administration began
- 2013-07-29
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1933-07-24
- Location
- Birmingham
- Industry
- 13910 Manufacture of knitted and crocheted fabrics
Why it went into administration
- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- Sustained trading losses
- Bad debts / customer insolvency
- Competition / price pressure
- Weather / natural events
From the administrators' statement
FJ Bamkin And Son Limited (“Bamkins”) was formed in 1886 as a manufacturer of socks for miners and the Ministry Of Defence through two world wars In 1973 a consortium within the current family bought out the Bamkins and gradually diversified into other sectors and grew the business
With the introduction of larger outdoor retail customers and the security of successfully winning the cross product tender for the MOD, business was booming and asset values were good
In the late 80's early 90’s turnover reached its peak with customers including Millets and the MOD increasing their demand The business outgrew the factory on Portland Road and had to move to the old Jaeger premises, its current premises at King Edward Street, Hucknall
Administrators' statement of proposals (2013-09-26) · Companies House register