Cardinal Shopfitting + Systems Limited (02419462): administration
- Status
- Administration ended
- Administration began
- 2020-07-13
- Administrators
- Howard Smith, Richard John Harrison
- Administrators' firm
- KPMG
- Formerly
- Cardinal Shopfitting Plus Systems Limited; Maxrod Limited
- Incorporated
- 1989-09-04
- Location
- Leeds
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Creditor pressure / legal action
- COVID-19
- Sustained trading losses
- Weak consumer demand
- Supply chain disruption
- Property / lease costs
From the administrators' statement
The Company designed, manufactured and installed interiors predominantly for high street retailers and was incorporated on 4 September 1989. The Company operated from two leasehold premises in Bradford:
• Fernhill House, Battye Street, Bradford (‘Battye Street’); and, a James Works, Neville Road, Bradford (‘Neville Road’). .
Prior to our appointment, the Company employed 162 members of staff, of which 67 had been furloughed under the Coronavirus Job Retention Scheme. Upon our appointment, 129 employees were made redundant and we retained 33 members of staff to continue working on the Company’s sole contract (see Section 3.3).
Administrators' statement of proposals (2020-09-15) · Companies House register