PKF ADMINISTRATORS have been called to cricket equipment supplier Romida.
Kerry Bailey and Jon Newell, both partners at PKF, were appointed joint administrators of the Rochdale-based business.
The family business was formed in 1978 and claims it is one of the largest personal cricket equipment suppliers in the world. Romida employs ten staff across four shops, although a notice on the website claims that all four stores are closed until further notice.
Bailey said: “While efforts were made by Romida over the last few weeks to turn the business around and secure investment, the management took the decision to appoint administrators on 4 October 2012.”
UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report
Mid-sized British firms are currently growing faster and generating more profit than their counterparts in Germany, France, Italy and Spain, despite uncertainty surrounding Brexit, says the report
UK private investor Endless LLP acquires the high street retailer, saving 840 jobs
Three new partners and seven business restructuring advisers have been appointed to the new Preston office
Political and economic uncertainty behind the fall in confidence