British bathroom manufacturer Aquadart Bathrooms has been placed into administration, following the appointment of FRP Advisory Trading.
Based in Keighley, West Yorkshire, the company has appointed Anthony Collier and Martyn Rickels as joint administrators.
Aquadart Bathrooms supplied shower enclosures, trays, furniture, brassware and had a presence in the region for more than 100 years.
Sponsored Video
The shower tray manufacturing section of Aquadart Bathrooms has transferred to Yorkshire Shower Trays Limited, who will operate from the company’s premises at North Dean Road, Keighley.
Whereas the distribution business of Aquadart Bathrooms has transferred to Aquadart Brand Sales Limited, who will supply all major stockists and distributors in the UK with branded goods, including shower enclosures, taps, screens and other accessories.
Following the transfers 55 employees were made redundant on appointment. The Joint Administrators are supporting the impacted employees and realising the remaining assets of the Company.
Partner at FRP and joint administrator of Aquadart Bathrooms Limited Anthony Collier said: “Aquadart Bathrooms had suffered cash flow pressures in recent months and was not able to fulfil its financial obligations in the existing business structure and was placed into Administration.
“We’re now focused on supporting all impacted employees with their applications to the Redundancy Payments Service as we wind down the remaining business.”