BusinessBusiness RecoveryPwC appointed Smallbone administrators

PwC appointed Smallbone administrators

PricewaterhouseCoopers partners to head up administration of furniture manufacturer

Rob Lewis and Mark Shires of PricewaterhouseCoopers have been appointed as
joint administrators of Smallbone and its UK subsidiaries, including Smallbone
& Co and Mark Wilkinson Furniture Limited.

The manufacturer of exclusive kitchen, bedroom and bathroom furniture had a a
turnover of £21m in 2008.

Rob Lewis, joint administrator and partner at PwC, said the administration
has saved 400 jobs across across all subsidiaries, and orders with deposits will
be fulfilled.

On the 3rd March, Smallbone announced that trading in its ordinary shares on
the AIM market of the London Stock Exchange had been suspended, pending a
strategic review.

The administration of the manufacturer – whose customers include Oprah
Winfrey and Dustin Hoffman, follows the collapse of MFI and Land of Leather.

Further Reading:

Baugur
goes into administration

E
&Y administrators find £11m ruby on Wrekin’s books

Related Articles

Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

Business Recovery Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

4m Emma Smith, Managing Editor
Carillion: PwC appointed as special managers – what happens now?

Business Recovery Carillion: PwC appointed as special managers – what happens now?

4m Emma Smith, Managing Editor
PwC must face MF Global lawsuit over accounting advice

Accounting Firms PwC must face MF Global lawsuit over accounting advice

2y Richard Crump, Writer
PwC’s business recovery services team appoints four new partners

Accounting Firms PwC’s business recovery services team appoints four new partners

2y Richard Crump, Writer
MPs call on FRC to widen BHS audit probe into PwC

Accounting Firms MPs call on FRC to widen BHS audit probe into PwC

2y Richard Crump, Writer
FRC investigation launched into PwC's BHS audit

Audit FRC investigation launched into PwC's BHS audit

2y Kevin Reed, Writer
UK votes to leave EU – accountancy profession reacts

Accounting Firms UK votes to leave EU – accountancy profession reacts

2y Fraser Simpson, Reporter
Take part in our 'Seven days in Accountancy' quiz

Accounting Firms Take part in our 'Seven days in Accountancy' quiz

2y Fraser Simpson, Reporter