October 12, 2011 by staff
Eco-friendly Kitchens, FLINT company based in the kitchen cooking line Dee has gone into administration after 40 years in business. The company, which employs 13 people and designs, manufactures and installs custom kitchens, has been operating in the city since 1971, but was taken over by new owners in 2010.
According to administrators Kerry Bailey and Jonathan Newell of PKF, the difficult trading conditions, coupled with the slowing housing market and financial pressures on homeowners as a result of the pressure on cash flow and forced call owners to managers.
Kerry Bailey, of PKF, said: “A customer paid a deposit of a kitchen in the credit card and it shall be reimbursed by the credit card company under the scheme of credit and charge cards. A small number of customers are pending items that can not be provided, again most will be covered by the plan’s credit card charge. ”
In 2010, Dee was purchased online as the founders wanted to retire and the new owners created a new showroom and the new line of ecological kitchens.
Ms. Bailey adds, “It’s sad to see how long the company succumb to difficult trading conditions prevailing in the housing market at present.
“This shows that even the most reputable companies are not immune to market forces that are living.
“We are trying to secure a sale of the business to a buyer who will build on the investments made by the previous team, maintain production and safeguard the future of the thirteen employees and the continuation of the well-known local brand.
“Currently we are providing information to stakeholders and we are hopeful that a sale can be achieved.”
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