BusinessBusiness RecoveryDorset pottery’s wheel to keep turning

Dorset pottery's wheel to keep turning

Business recovery experts have successfully completed the sale of leading UK ceramics manufacturer Poole Pottery Limited after it was placed in administration in June.

Link: PwC ensures Dolphin Quays completion

The administrator, corporate reconstruction experts Leonard Curtis & Co, sold the Dorset business to a group of investors led by turnaround specialist Peter Ford.

Keith Goodman, joint administrator with Stephen Swaden, said: ‘We are delighted that we have finally been able to come to an agreement and even more delighted that we have been able to ensure the future of the pottery.’

He said 80 traditional jobs had been saved by the sale of the business, which had a turnover of £3.4m for the year ending 30 June 2002.

‘We hope that we have found a buyer who will respect the traditions of the pottery and take the business forward,’ he added.

Dolphin Quays Limited, the factory outlet shop for Poole Pottery, remains in administration.

Related Articles

Carillion CFO blew whistle over 'sloppy accounting' months before collapse

Business Recovery Carillion CFO blew whistle over 'sloppy accounting' months before collapse

3m Alia Shoaib, Reporter
Toys R Us UK and Maplin enter into administration after failing to secure buyers

Business Recovery Toys R Us UK and Maplin enter into administration after failing to secure buyers

3m Alia Shoaib, Reporter
How to avoid a Carillion collapse

Business Recovery How to avoid a Carillion collapse

4m Russell-Cooke
Carillion collapse: The week so far and industry reaction

Business Recovery Carillion collapse: The week so far and industry reaction

4m Emma Smith, Managing Editor
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
Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

5m Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

5m Emma Smith, Managing Editor