Scunthorpe-based Birkdale Manufacturing Group Limited has entered administration.
The company is an established manufacturer of garage doors and roller shutters, and in more recent years increased its range to include composite front entrance doors, window security shutters, awnings, pergolas, patios and fence panels.
The business had been experiencing trading difficulties which led to cash flow pressure, and in recent weeks was also subject to a winding-up petition from one of its creditors.
Prior to the appointment of James Lumb and Howard Smith from Interpath Advisory as joint administrators, the company ceased to trade.
The administrators are seeking interest in a going concern sale, and at this point, no redundancies have been made while this interest is explored.
James Lumb, Managing Director at Interpath Advisory and joint administrator, said: “Companies across the sector have experienced significant difficulties in recent months, including softening demand, as well as rising input costs and interest rates.
“Unfortunately, these challenges proved insurmountable for Birkdale Manufacturing Group. However, we are presently working towards a solution which could see the business rescued as a going concern. We will continue to update workers regularly while this process unfolds.”
