Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Corporate Services  New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
  • Video Insights
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Ceramics manufacturer enters administration

Ceramics manufacturer enters administration

Fri, 05 Apr 2019 | ADMINISTRATION



A company manufacturing ceramic products has collapsed into administration after experiencing cashflow difficulties.

Dudson (Holdings) Limited and Dudson Limited, headquartered in Stoke-on-Trent, has been forced to call in professional advisory firm PwC to handle the administration process, with partners Ross Connock and Matthew Hammond appointed as joint administrators.

Established in 1800, with trading operations in Australia as well, Dudson Limited operates a manufacturing plant in Stoke-on-Trent creating tableware ceramics. In spite of the administration, its international operations are not affected by the insolvency process.

Meanwhile, the company’s factory shop on Nile Street will continue to trade until the administrators valuate the existing stock.

The joint administrators explained that the cashflow issues were a result of a drop in sales and increased production costs. In the weeks leading up to the administration, management sought solvent solutions which failed to transpire, even as a going concern sale.

Connock said: “Unfortunately, due to challenging conditions it is not commercially viable to continue trading the company. Despite best efforts to sell the business as a going concern, sadly it was not possible.

“[…] our focus will now be on realising value for creditors from the remaining assets, including property, stock and plant and equipment, as part of the administration.”

Commenting on the administration, chief executive of the British Ceramic Confederation, Laura Cohen, said: “Brexit is making the trading conditions challenging for many of our members. We are saddened by this news.”

Dudson Limited is estimated to have a turnover of roughly £20 million, with intellectual property, a brand name, and assets in the form of its plant and machinery, all to its name.

For more news stories about administrations click here. For all our administrations listings, click here.


Share this article



Latest Businesses for Sale

Manufacturer Of Stationery, Stickers & Partyware
Northern England, UK Wide

Manufactures and supplies stationery, stickers and partyware, as well as offering a comprehensive range of design services to customers throughout the UK.

Asking Price: Offers Invited
Turnover: £796,000

LEASEHOLD


Manufacturer Of High-Quality Timber Products
UK Wide, Wales

Long-established and independent business, known for providing sturdy, high-quality products. High volume of repeat and referral custom, working with a multitude of national blue-chip clients.

Asking Price: Offers Invited
Turnover: £5,900,000

LEASEHOLD


Chemical Manufacturer
North West, UK

Supplier to numerous industries. Holds it's own unique chemical formulations. REACH compliant and environmentally friendly. Established and continuous growth. Offers invited.

Asking Price: £300,000
Turnover: £680,305

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
15
 
Jan
 

Buyer sought for portfolio of pubs | BUSINESS SALE

Five pubs that formerly operated under the Authentic Alehous...

 
14
 
Jan
 

Acquisitive RSK Group completes trio of deals | BUSINESS SALE

Cheshire-based technical services consultancy RSK Group has ...

 
13
 
Jan
 

Heat transfer equipment manufacturer falls into administration | ADMINISTRATION

Coventry-based Covrad Heat Transfer has fallen into administ...

Free guide: 10 Biggest Buyer Mistakes

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

Email


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

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Daily Financial Alerts
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2021. Business Sale Report Ltd. All rights reserved. www.business-sale.com.