KPMG administrators called to Amdega
Mark Firmin and Brian Green appointed administrators to conservatory business
KPMG ADMINISTRATORS have been appointed to conservatory manufacturing business Amdega.
Mark Firmin (pictured) and Brian Green, partners at KPMG, were appointed joint administrators today.
The duo made most of the 197 employees redundant because they said there was no prospect of a sale.
Firmin said: “Amdega is a victim of the severe downturn in the big-ticket and home-related parts of the retail sector.
“KPMG’s latest Retail Sales Monitor highlighted that these businesses are being hit hardest by consumers’ lower spending patterns and that Amdega was unable to sustain the ongoing weakness in demand it was experiencing.
“Amdega had approximately 300 orders on its books at the time of the administration, so there will be some impact on customers.; our key priority is to assess this situation and communicate with them.”