Swirl Products enters administration

Fri, 23 Oct 2015 | BUSINESS SALE

Swirl Products Ltd, a company which trades as fmcg, has entered administration with a team from FRP Advisory appointed to handle the matter.

Russell Cash and Ben Woolrych, both partners at the restructuring and advisory firm, will work together as joint administrators to trade the business as normal while looking to drive things forward towards a sale.

For now this means that they will retain all nine members of staff and the team are hopeful that a sale of the distressed business will be possible within weeks.

Mr Cash commented: “There is already interest in fmcg; this comes as no surprise as the business commands a leading presence in branded personal and household care products for the discounters, supermarkets and pharmacy chains.”

The company is a toiletry, personal care and household branding company based in Oldham, Manchester. Among the brand ranges it operates are Head Funk, Nuage, Salon Chic and Swirl Household.

While it operates from the UK, it also has a presence across 32 other countries around the world and has performed well in recent times. The administration, however, is thought to have been caused by troubles with cashflow pressure. By placing the firm in administration FRP have been able to protect the company and allow it to continue trading while seeking a solution for these issues.


View other businesses for sale.


Share this article



Latest Businesses for Sale

Extensive Range of Catering Equipment, Furnishings & Wet Stock (Fast Sale)
UK Wide

Viewing: Wednesday 27 February 2019 between 10am and 3pm. Closing From 10am Friday 1 March 2019.

Asking Price: Offers Invited
Turnover: £500k - £1m

Tyre Services
Fakenham, Norfolk, UK Wide

Tyre specialist offering commercial and agricultural tyres. Major Tyres Ltd with Hankook performance tyres. Offers invited.

Asking Price: £299,950
Turnover: £380,000

LEASEHOLD


Tyre Garage
Midhurst, West Sussex, UK Wide

Busy vehicle tyre changing business, which is in a prime trading location in Midhurst, West Sussex. The business was established by our clients in 1984. Only now is the business being offered to the market, due to our clients’ desire for a well-deser...

Asking Price: £399,995
Turnover: £336,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
21
 
Feb
 

Lakeside hotel enters administration | ADMINISTRATION

A historic but well-preserved hotel located on the banks of ...

 
19
 
Feb
 

Pharmaceutical manufacturer enters administration | ADMINISTRATION

A pharmaceutical manufacturing company based in Bristol has ...

 
16
 
Feb
 

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
21
 
Feb
 

Lakeside hotel enters administration | ADMINISTRATION

A historic but well-preserved hotel located on the banks of ...

 
31
 
Jan
 

UK's largest manufacturer of ceramic tiles enters administration | ADMINISTRATION

Based in Newton Abbot in Devon, British Ceramic Tile Limited...

 
17
 
Jan
 

Fine paper business enters administration | ADMINISTRATION

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

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