Forty laid off as Norfolk garden room firm enters administration

Norfolk-based conservatory firm Marston & Langinger has gone into administration with over 40 redundancies although the firm is still trading and a buyer is being sought for it as a going concern. The Fakenham-based business has supplied up-market glass garden rooms since the 1970s and has a £4 million turnover. It went into administration on 6 October after ambitious growth plans failed to materialise.

Joint administrator Andrew McTear of insolvency specialists McTear Williams & Wood said: “It is early days but we have already had positive conversations with customers and interested parties in the business and assets. The company will continue to trade for the time being. Unfortunately we have had to make a little over 40 employees redundant out of a workforce of 63.”

The company designs and installs bespoke glass garden rooms for an international client base which it manufactures from its site in Fakenham. It also markets paints and furnishings. “The company has a long established reputation internationally and we hope that a short period of administration will give the business some breathing space to be sold as a going concern.”

Andrew McTear said: “The company had ambitious growth plans which never materialised leaving no choice but to place the company into administration. We will now be working with the employees to finish off current contracts and market the business and assets for sale. We would ask any party interested in buying the business to contact us immediately,”

www.bizea.co.uk
12 October 2015

0800 331 7417 Why Choose Us?

Business Healthcheck Business Healthcheck

It's quick and easy

Concerned about the financial health of your business?

Read More

Newsletter Sign Up

Sign up to our monthly top tips