PracticeAccounting FirmsDales Group calls in administrators

Dales Group calls in administrators

Chinese cash and carry company Dales Group has appointed joint KPMG administrators

Liverpool-based Chinese cash and carry company Dale Group has called in
KPMG as
administrator in a bid to sell the operations which comprise CWTL Limited, Dales
Group Limited and China Gate Limited, following the firm’s appointment as
administrator of Oriental Food Service Limited, a fourth company in the group on
September 26.

The group, which employs 100 people and has a turnover of £30m, operates two
Chinese cash and carries in Liverpool, together with warehousing and
distribution facilities at a third site in Liverpool and also in Blackpool.

Paul Dumbell, joint administrator and a KPMG Restructuring director, said the
group would continue to trade with a view to achieve a going concern sale.

‘We would urge any parties who may be interested in acquiring the business to
contact us as soon as possible,’ he said.

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