John Woods Nurseries plans auction sales after entering administration

Tue, 17 Nov 2015 | ADMINISTRATION

John Woods Nurseries has entered administration, with plans already in place to try and sell some of the business' assets.

The East Anglia-based wholesale nursery is putting more than £500,000 of container-grown trees, shrubs and a range of other plants up for sale at an auction on 24 November. It follows news that Begbies Traynor of Southend had been appointed as administrators to the company last week, with around 20 jobs already believed to have been lost as the business was immediately shut down.

John Woods Nurseries has a turnover of £6 million. It was formed in 2007 following a management buyout (MBO) from Notcutts Nursery, one of the UK’s top five commercial garden centre suppliers.

According to Horticulture Week, the nursery owns a range of different plants, including: the important National Collection of hibiscus plants, recognised by the plant heritage organisation; the National Council for the Protection of Plants and Gardens; and a collection of very mature original ericaceous species, such as rhododendrons and azaleas, from the Waterers Nursery.

Trading conditions had been difficult for the company for a number of years; in November last year the firm announced a restructuring and creditors voluntary arrangement (CVA).

Having entered administration earlier this month, next week's sale, which is being overseen by chartered surveyor Eddisons, will aim to recover as much money for the business as possible.

Kevin McAndrew, director of machinery and business assets at Eddisons, commented: "It's really sad to see a company like John Woods, which has such a proud heritage in plant growing and gardening being brought down by financial problems.

"The lots that we are auctioning next week will be an opportunity for trade buyers and individuals to pick up some fantastic plants and other items from right across the nurseries’ vast product range."


View other businesses in administration.


Share this article



Latest Businesses for Sale

Major Innovator of Job Search Technology & Related Platforms
East of England, UK

One of the top job search portals - developed in-house - with over 1m UK-based vacancies available from employers operating in nearly all sectors across the UK. Also develops & operates a series of complementary platforms & mobile apps for use within...

Asking Price: Offers Invited
Turnover: £3,400,000

Supply of Flanges, Butt Welds & Machining
UK Wide

Manufacture and supply of high quality, hard metal, flanges and butt welds with machining services. Enviable reputation. Niche offering. Long standing relationships with suppliers. In-house manufacturing capabilities. Diverse client base including m...

Asking Price: Offers Invited
Turnover: £1,100,000

Road Surfacing & Civil Engineering Contractor
Scotland, UK

Public and private sector road surfacing and civil engineering contractor with a prestigious Royal Warrant for Road Maintenance. Provides roadworks, groundworks and civil engineering services. Diverse customer base including Royal Estates, local auth...

Asking Price: Offers Invited
Turnover: £3,800,000


View more businesses for sale

News Search

Latest News

 
19
 
Jan
 

Luxury lodging group enters administration | ADMINISTRATION

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

 
17
 
Jan
 

Fine paper business enters administration | ADMINISTRATION

Arjowiggins UK, which operates a number of trading companies...

 
15
 
Jan
 

Hawk Plant enters administration | ADMINISTRATION

The Shropshire company, that has previously undertaken landm...

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
26
 
Jun
 

Multiple retail failures after rent day | ADMINISTRATION

Three retailers, Internacionale, Modelzone and Ark, are head...

 
31
 
Jan
 

The Waterside Hotel and Galleon Leisure Club in administration | ADMINISTRATION

The Waterside Hotel and Galleon Leisure Club has entered adm...

 
07
 
Sep
 

Assets of FD Kitchens for sale | ADMINISTRATION

The assets of kitchen maker FD Kitchens are for sale followi...

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