D Dyer Realisations Limited (03091987): administration
- Status
- Administration ended
- Administration began
- 2017-03-01
- Administrators' firm
- Begbies Traynor
- Formerly
- Dickie Dyer Limited; Abbirko UK Limited; Harton P.N.P. Limited
- Incorporated
- 1995-08-16
- Location
- Southampton
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Rising costs / inflation
- Sustained trading losses
- Brexit
From the administrators' statement
Abbott Birks and Co was founded in 1920 by Norman Birks an ex RAF pilot Over the years, Abbott Birks and Co was sold on to several companies before being rebranded Abbirko UK Ltd
In 1995, under new ownership, Abbirko UK procured and manufactured product for the wholesale sector of the plumbing and heating industry and went on to acquire Newtool Engineering in 2005. As the wholesale sector started to diminish rapidly post the 2008 recession, Abbirko UK determined tt needed to restructure its position and support independent and national trade merchants directly. This appetite was primarily driven by the merchants themselves, who wished to source product directly rather than through third parties.
September 2012 saw the acquisition of two more companies; Dickie Dyer and Scottool. Dickie Oyer had successfully marketed itself in the South East, as well as making inroads with two of the national merchant groups, whilst Scottoo! had established itself as a manufacturer, holding a Patent to a successful product known as an Olive Splitter.
Administrators' statement of proposals (2017-03-15) · Companies House register