Thu, 18 Dec 2025 | ADMINISTRATION
A long-established windows and doors specialist based in Bristol has ceased trading and entered liquidation following severe financial difficulties. Liquidators from PKF Francis Clark are now engaging with auctioneers to sell the remaining assets of Panoramic Limited.
Incorporated in 1981, Panoramic had developed a strong reputation, initially as a manufacturer, and later as a specialist supplier of windows, doors, roof installations and conservatories.
In 2020, the company underwent a management buyout (MBO), aiming to expand its product range and further grow its position in the local markets. It subsequently continued to trade successfully for several years after this transaction, but, by late 2024, its profitability had begun to be significantly impacted by competitive pricing pressures and rising costs.
Despite undertaking efforts to secure additional funding and launching promotional campaigns, Panoramic’s sales continued to decline, with cashflow forecasts indicating that the company could not meet its financial obligations.
The business ceased trading on November 11 2025, with all employees made redundant. Prior to the appointment of liquidators, the company’s order book and intellectual property had been sold.
PKF Francis Clark partners Nicholas Harris and Lucinda Coleman were appointed as liquidators on December 10 2025. The joint liquidators are now working with Gavel Auctioneers & Valuers to sell Panoramic’s remaining assets, which include showroom fittings, vehicles, plant and machinery, in an effort to realise value for creditors.
Nicholas Harris, joint liquidator at PKF Francis Clark, commented: "Our immediate priority is to ensure an orderly winding down of Panoramic Limited’s affairs and to communicate with all creditors, including customers who have paid deposits. We will also review the company’s financial position and transactions leading up to the liquidation as part of our statutory duties."
In accounts for the year to December 31 2024, Panoramic Limited’s fixed assets were valued at around £27,000 and current assets at £893,000, with net assets amounting to just short of £260,000.
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