Dales 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.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource