J Rotherham Limited (02251907): administration
- Status
- Administration ended
- Administration began
- 2023-03-09
- Administrators
- Christopher Brindle, Adam Harris, Patrick Alexander Lannagan
- Administrators' firm
- Mazars
- Formerly
- J Rotherham Monumental Ltd; J. Rotherham (Barnsley) Limited
- Incorporated
- 1988-05-05
- Location
- London
- Industry
- 47789 Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Why it went into administration
- COVID-19
- Supply chain disruption
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Sustained trading losses
- Regulatory change or action
From the administrators' statement
The Company was incorporated in May 1988 and for most of this period traded as a memorials business only. During 2020, two associated companies were placed into Administration: J Rotherham Holdings Limited (‘Holdings’) and J Rotherham Masonry Limited (‘Masonry’). In May 2020, the shareholders purchased the shares of the Company from the Joint Administrators of Holdings. In addition, the Company also purchased various items of plant and machinery from Masonry with a view to diversifying into the supply of kitchen worktops to customers.
The Company operated two distinct trading divisions, “Gemini” being a Business to Customer stone worktop supplier and “Memorials” being a Business to Customer stone memorial supplier. Both divisions trade principally from a site in York, known as Mason’s Yard, which is owned by connected third parties and subject to a formal lease.
Following analysis of the information provided by the directors, both Memorials and Gemini are understood to have been loss making over the last 12 months.
Administrators' statement of proposals (2023-03-24) · Companies House register