Cardiff refrigeration business enters administration

Tue, 14 Jul 2015 | ADMINISTRATION

Cardiff-headquartered refrigeration and airconditioning business MacWhirter Ltd has entered administration.

The firm, which designs, installs and services refrigeration and airconditioning units, celebrated its 130-year anniversary back in 2012. However, the loss of key contracts saw business decline sharply and eventually administrators were called in on 3 July, with 52 employees made redundant and just three kept on to help wind down the business while a sale of the company is sought.

Richard Hawes and Matthew Cowlishaw of Deloitte have been appointed as joint administrators, Insider Media reported.

MacWhirter has its headquarters in the Welsh capital but also has operations in London, Horsham and Bristol. Some of the big contracts it has worked on in the past includes the Radisson Hotel in Guildford, Honda's UK logistics centre, and a maintenance contract that spanned over different 100 Marks & Spencer stores.

Richard Hawes, joint administrator and partner in Deloitte's restructuring services practice, commented: "The company has recently experienced losses from several contracts due to poor margins being achieved.

"As a result of which, the company was unable to continue to trade and the directors took the decision to place the company into administration on 3 July 2015."

Contact the administrators of MacWhirter Ltd.

View other businesses in administration

Share this article

Latest Businesses for Sale

Consulting Engineers Focused on the Built Environment
London, UK

Unusual opportunity to acquire this national and well established, full service Mechanical & Electrical consulting engineering company. Offers invited.

Asking Price: £2,700,000
Turnover: £5,800,000


Freight Brokerage Services
UK Wide

Works with a network of reliable hauliers to provide comprehensive and reliable logistics solutions on a national basis. Offers invited.

Asking Price: Offers Invited
Turnover: £420,000


Food Manufacturer Specialising Flatbread Products
North of England, UK Wide

Has established a prominent position with clients in its industry due to its prestigious portfolio. Operates from two leasehold premises. Offers invited.

Asking Price: Offers Invited
Turnover: £671,000


View more businesses for sale

News Search

Latest News


Fintech company Loot collapses into administration | ADMINISTRATION

After failing to secure further backing from the Royal Bank ...


Spike in M&A activity in the education sector | BUSINESS SALE

In recent months, the education sector in the UK has witness...


Jamie Oliver restaurant empire collapses into administration | ADMINISTRATION

Celebrity chef Jamie Oliver, who shot to fame after campaign...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Related News


Historic West Yorkshire manufacturer enters administration | ADMINISTRATION

A construction industry supplier based in West Yorkshire has...


The Hut Group buys Christophe Robin haircare brand | BUSINESS SALE

British e-commerce firm The Hut Group (THG) has acquired Fre...


Luxury lodging group enters administration | ADMINISTRATION

An Essex-based company which operates eight luxury lodge par...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources