The mint went into administration in March, after the 209 year-old company fell into financial trouble due to cash flow problems following the loss of major contracts. Orton said: ‘In the absence of any other viable bids, we have today concluded a sale of a small number of assets and we will now seek buyers for the remaining assets on site.’
Administrators at RSM Robson Rhodes have been appointed to Andy’s music group after the company collapsed following a slump in sales. The company, which was founded in Bury Street Edmonds by former amateur cricketer Andy Gray in 1969, became a specialist stockist in ancient vinyl records but suffered because of the popularity of the internet. The administrators warned that unless a buyer for the business was found soon, cuts and closures were inevitable.
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