BusinessBusiness RecoveryRSM Bentley Jennison called in at Cardale Group

RSM Bentley Jennison called in at Cardale Group

Insolvency experts from mid-tier firm looking for a buyer after troubled garage door company goes into administration

Administrators from RSM Bentley Jennison have been called in at
Cardale Group, the struggling
company which caters for 40% of the UK’s residential garage door market.

Simon Thomas and Fred Satow are now keeping the company trading while looking
for a buyer.

The companies in administration comprise Cardale Group Limited, Cardale
Properties Limited, Cardale Doors Limited, Bowburn Limited and Wessex Garage
Doors Limited.

Simon Thomas, joint administrator, said:

‘We are very optimistic that there will be a high level of interest in the
group, given their significant market share, established brand names and
multiple locations across the UK.

‘As such, we will be looking for a quick sale.’

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

6m Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

6m Emma Smith, Managing Editor