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.
This unique opportunity invites new ownership to propel a thriving business known for its exceptional customer retention and prestigious clientele, with potential for significant expansion through high-street partnerships and e-commerce growth.
This is a well-established company known for its bespoke, high-quality products crafted from natural materials, catering to a diverse client base including corporate and high-net-worth individuals. With an experienced management team and strong clien...
LEASEHOLD
An established energy management consultancy, specialising in procurement and renewable energy, is on sale due to owner retirement. It boasts a diverse commercial client base, long-standing contracts, and global outreach potential, supported by a ski...
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.