Chalmers of Wells Limited (06469143): administration
- Status
- Administration ended
- Administration began
- 2014-02-03
- Administrators
- Gilbert J Lemon, Paul David Wood
- Administrators' firm
- Evelyn Partners
- Incorporated
- 2008-01-10
- Location
- Bristol
- Industry
- 46310 Wholesale of fruit and vegetables
Why it went into administration
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
Chalmers Brothers was started tn 1972 by Joanne Chalmers late husband, Graeme Chalmers to supply fresh fruit and vegetables to local catering outlets. In later years Joanne Chalmers became tnvoived with the business whilst also bringing up a family.
Graeme Chalmers died unexpectedly in 2006 at which point an employee Stephen Yard took on a greater involvement in the Company until he left in May 2013 At this point Jeanne Chalmers son, Edward Chalmers and the under manager ran the day to day operations.
The Company started to experience cash flow problems in early 2013 which were compounded by a loss in sales. As a result some customers were let down Joanne Chalmers decided to put funds into the company in order to meet payments to suppliers and various cost cutting measures were made
Administrators' statement of proposals (2014-03-14) · Companies House register