Blanchford Building Supplements, 成立于1938年,由于财政困难,87年后关闭,债权人得到了5.8磅的贷款。
Blanchford Building Supplies, founded in 1938, closed after 87 years due to financial struggles, with creditors getting 5.8p on the pound.
Blanchford Building Supplements是一家设在牛津的长期公司,成立于1938年,经过87年的运营,现已进入清算阶段,结束了在五个地点的存在。
Blanchford Building Supplies, a long-standing Oxford-based company founded in 1938, has entered liquidation after 87 years of operation, ending its presence across five locations.
该公司由于财政困难,包括现金流动问题和库存短缺,今年早些时候停止了交易,其债务超过330万英镑。
The firm, which ceased trading earlier this year due to financial difficulties including cash flow issues and stock shortages, had debts exceeding £3.3 million.
来自BDO LLP的管理人确认的无担保债权人将收回约5.8p英镑,而Barclays银行和HMRC预计将得到全额偿还。
Administrators from BDO LLP confirmed unsecured creditors will recover about 5.8p in the pound, while Barclays Bank and HMRC are expected to be repaid in full.
华林福的院子以775 000英镑的价格出售,所有在线平台都被拆除。
The Wallingford yard was sold for £775,000, and all online platforms have been taken down.
清算是通过正式的管理程序进行的,而这种管理方式比立即的清算更为有效.
The liquidation follows a formal administration process that yielded a better outcome than immediate winding-up.