Corporate recovery group Begbies Traynor has been called in to
one of the Midlands most historic manufacturers.
John Kelly and Andrew Cordon, from the Birmingham and Nottingham
offices respectively, have been appointed joint administrators of
Barton Products Ltd.
Based at Long Eaton, near Nottingham, it is primarily a maker of
chairs and seats for both the retail and office markets.
Products are supplied indirectly to the likes of John Lewis and
Laura Ashley.
However, the family owned company has a history dating back to
the beginning of the last century, originally starting out
producing ammunition boxes for World War I.
Twenty-five of the 69-strong workforce have been made
redundant.
But the £2.5 million turnover business is being run as a
going concern with a view to finding a buyer.
Mr Cordon said the generally difficult economic climate of the
past few years had taken its toll.
It was particularly sad given Barton Products Ltd's heritage,
with the website proudly declaring the firm to be "a wholly British
business keeping skills and craftsmanship alive in this country",
and lauding its ability to manufacture all products on site.
He went on: "This is a firm offering high quality furniture made
by committed people. It is a fantastic opportunity for someone to
come in and purchase a company which has fallen on hard times but
which was once the sort of bedrock manufacturing operation on which
Britain relied. It could be again."
The timber mill was originally in Nottingham but switched to
Barton Road, Long Eaton, in the late 1960s.
Today it is a 5,000 sq m factory on a freehold site.
It has the ability to manufacture a wide variety of products
from the raw timber to the finished goods.
It has a standard range of frames but frequently worked to
customer's own bespoke designs.
Interested parties should contact john.kelly@begbies-traynor.com
or andrew.cordon@begbies-traynor.com.
For more information about Begbies Traynor, please visit their
website here: www.begbies-traynorgroup.com