Multiwood Products Limited (01762896): administration
- Status
- In administration
- Administration began
- 2025-01-09
- Administrators
- Anthony Collier, Simon Farr
- Administrators' firm
- FRP Advisory
- Formerly
- Mainway Properties Limited; Pinsocane Limited
- Incorporated
- 1983-10-20
- Location
- Manchester
- Industry
- 46900 Non-specialised wholesale trade
Why it went into administration
- Sustained trading losses
- Cash flow / liquidity pressure
- Weak consumer demand
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Competition / price pressure
From the administrators' statement
Multiwood was a family-owned business, incorporated on 20 October 1983 and operated as an importer, manufacturer and supplier of kitchen cabinets & doors to UK independent kitchen retailers.
The Company’s products included stocked cabinet doors and accessories as well as made-to-measure products.
The Company employed 35 staff members and operated from a leasehold manufacturing site in Bury, Manchester.
Administrators' statement of proposals (2025-03-10) · Companies House register