Richmond Cabinet Company Limited (02141717): administration
- Status
- Administration ended
- Administration began
- 2018-12-20
- Administrators
- Paul Nicholas Dumbell, David James Costley-Wood
- Administrators' firm
- KPMG
- Incorporated
- 1987-06-22
- Location
- Manchester
- Industry
- 31020 Manufacture of kitchen furniture
Why it went into administration
- Funding withdrawn / unable to refinance
- Competition / price pressure
- Sustained trading losses
- Loss-making contracts / project overruns
From the administrators' statement
The Company is a family-owned designer and manufacturer of kitchen units based in Glossop. The business was incorporated in 1987 and services both retail customers and residential developments directly.
The Company operates its manufacturing facilities and head office from leasehold premises in Glossop. The Company has 123 employees and also uses agency labour on projects when required.
2.2. Funding and financial position of the Company
Administrators' statement of proposals (2019-03-01) · Companies House register