Thu, 31 Jan 2013 | ADMINISTRATION
A buyer is being sought for mechanical and electrical engineering firm H Barnes & Sons after it was placed into administration on 22 January 2013.
The Manchester-based business, having suffered cash flow difficulties, is now in the hands of administrators Stephen Clancy and Steven Muncaster from Duff & Phelps.
Duff & Phelps released a statement, which said: “Stephen Clancy And Steven Muncaster of Duff & Phelps were appointed joint administrators by the directors of the company.
“(It) ceased to trade on the date of the appointment and the company’s 13 employees were made redundant due to financial difficulties.
“The joint administrators are currently seeking a sale of the business and assets and are in discussions with interested parties.”
Founded in 1960, H Barnes & Sons offered its services to contractors, consultants and end users across the UK from its base in Salford, Manchester. It holds Gas Safe, SafeContractor and NICEIC accreditations.
Its wide range of services included the manufacture, installation and maintenance of air conditioning, water systems, ventilation systems, electrical controls and systems and heating plants.
The company specialises in the sale, installation, servicing, maintenance and repair of air conditioning and refrigeration systems, offering comprehensive solutions catered to the specific requirements of its clients’ properties.
Through its dedicated divisions, the group provides broker services for automotive finance and leasing, working with private individuals and fleet owners throughout the UK.
This e-commerce platform offers a unique opportunity with its high-profit, low-overhead model, leveraging dropshipping and an outsourced workforce to serve a diverse national B2B and B2C client base.
Looking for more businesses? Try our off-market tool.
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.