Diana Frangou and Guy Mander of RSM Restructuring Advisory LLP were appointed Joint Administrators of J C Evans Building and Landscaping Supplies Limited t/a Inspire Home Design and Oswestry Tile Centre (“the Company”) on 27 October 2017.
The Company is an independent family run business which supplied to both the trade and general public and operated from two leasehold premises in Oswestry, Shropshire. It offered a wide range of building and landscaping materials, and a kitchen and bathroom design service through the Inspire Home Design brand and tiling under the Oswestry Tile Centre trading name.
The Company employed 15 staff across the business. Trading was suspended following the Administrators’ appointment and 13 redundancies have been made.
|Financial Highlights||Building & Landscaping||Kitchen & Bathrooms||Tiling||Total|
|Annualised Turnover (£'000)||1,764||852||480||3,096|
This Document and the information contained herein are delivered as of the date set forth on the front cover hereof, and there shall be no implication that there has been no change in the affairs of the Company or other matters since such date. The statements contained in this Document and the facts on which they are based may be altered without prior notice. The Company and RSM Restructuring Advisory LLP assume no responsibility for updating this Document or any of the information contained herein. The Joint Administrators, RSM Restructuring Advisory LLP, their agents, the Director or the Company is under no obligation to provide further information and does so at its own discretion.
The recipient acknowledges and agrees that no person has, nor is held out as having, any authority to give any statement, warranty, representation, assurance or undertaking on behalf of the Joint Administrators, RSM Restructuring Advisory LLP, their agents, the Director or the Company, in connection with the Proposed Transaction.
This document has been furnished to the recipient on a confidential basis. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or any means, electronic, mechanical, photocopying, recording or otherwise other than in confidence to any professional adviser acting on their behalf without the prior written permission of RSM Restructuring Advisory LLP.
No action has been taken to permit the distribution of this Document in any jurisdiction where such action is required to be taken, other than in the United Kingdom. This document does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it is unlawful to make such an offer or solicitation. Recipients of this Document in jurisdictions outside the United Kingdom should inform themselves about and observe all applicable legal requirements in their jurisdictions. In particular this Document may not be distributed directly or indirectly in the united States of America or in its territories or possessions or areas subject to its jurisdiction or any political sub-division thereof or to any national, citizen or resident thereof or any person who is normally resident therein (including the estate of any such person and any corporation, partnership or other entity created or organised therein).
By accepting the Document you agree to be bound by the foregoing limitations.
RSM Restructuring Advisory LLP is a limited liability partnership registered in England and Wales, with registered number OC325349.
Diana Frangou and Guy Mander are licensed to act as an Insolvency Practitioner in the UK by the Institute of Chartered Accountants in England and Wales.