From the administrators' statement

The Company was a supplier of granite kitchen worktops, vanity tops and travertine flooring and tiles in Devon and Cornwall, operating from a workshop in Wadebridge The Company also had a showroom in Truro and employed three staff, including the director

Prior to the appointment of the Joint Administrators, Bishop Fleming was instructed by South West Investment Group (Capital) Ltd ((SWIG’) to carry out a limited scope review of the business and investigate options for the possible recovery of part or all of its loan to the Company

In view of the Company's then current position and anticipated future trading performance, and hence tts inability to service its borrowings with SWIG, discussions ensued between the Company and an independent third party with a view to them acquiring a controlling interest

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Madison Henley Limited (07631857)

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