Tue, 22 Mar 2011 | ADMINISTRATION
Workwear manufacturer Sorsky, based in Widnes in Cheshire, has been placed into administration.
The firm supplies clothing, personal protective equipment and hygiene products to a range of industries.
The administrators, Paul Flint and Brian Green of KPMG Restructuring, have made 25 of the 40-strong workforce redundant. The remaining 15 staff have been retained by the administrators.
Joint administrator Paul Flint commented on their intentions for the company: “We are continuing to try and trade the business while we seek a going concern sale for the business and its assets. Any interested parties should contact us as soon as possible.”
Established in 1919, the family-owned Sorsky is a member of the Yeoward Group of Companies, with three distribution bases in the UK and a head office in Tanhouse Estate, Widnes.
Sorsky’s services include stock and logistics management ensuring fast delivery, an expanding product range, advice on product selection and a computer-based order tracking system.
Its turnover for the year ending 30 September 2009 was £8.73 million, showing a slight decrease on previous years, with pre-tax profits of £69,000.
This company is a leader in the niche market of advanced repair and maintenance for pipes and valves, boasting a loyal client base that includes several prestigious organisations.
This well-established dental practice in a desirable Bristol suburb offers a prime high-street location with strong demographics and excellent transport links, making it an ideal investment.
FREEHOLD
This private dental practice, located in a popular and affluent area of Oxfordshire, has been established for over two decades and offers a prime opportunity for long-term growth by adding further surgeries.
LEASEHOLD
|
11
|
|
Jun
|
Graham + Sibbald strengthens leisure offering with Fleurets acquisition | BUSINESS SALE
Graham + Sibbald, one of the UK’s leading firms of cha...
|
11
|
|
Jun
|
North Yorkshire hospitality group sells three venues | COMMERCIAL PROPERTY
North Yorkshire-based hospitality group Provenance Collectio...
|
11
|
|
Jun
|
Dwelly acquires Cheltenham-based agency in sixth deal of 2026 | BUSINESS SALE
Lettings and property management group Dwelly has acquired C...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.