Dumfries-based Hunter Rubber Company, best known for the manufacture of
Hunter Wellington boots, has called in administrators from KPMG after it
experienced financial difficulties due to its high cost base.
Directors at the company appointed Richard Fleming, Howard Smith and Blair
Nimmo, from KPMG’s corporate recovery practice, as joint administrators this
The company employs 101 people at its Edinburgh Road production site with a
further two people employed in London and one in the USA. Its boots are sold
around the world.
It has annual turnover of £8.3m.
Richard Fleming, joint administrator, said: ‘Our first priority is to assess
the situation at Hunter Rubber Company, whilst it continues to trade. We will be
looking to sell the business and are confident this will be achieved, as the
Hunter brand is held in such high esteem worldwide.’
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children