Administrators appointed for Ceco (Flooring) Ltd
Administrators appointed for subsidiary Ceco (Flooring) Limited after failed attempts to sell the business.
Select text to share a quote on X · sign in to keep highlights & notes in your HEAD notes
The Board of Headlam (LSE: HEAD) confirms that Ian Leonard and Stuart Irwin of Interpath were yesterday appointed as joint administrators of the Company’s subsidiary Ceco (Flooring) Limited.
Unfortunately, following a detailed review of the options available, including exploring the possibility of a sale of the business and its assets, it was deemed there were no other viable options other than to place the entity into administration.
As previously announced on 8 September, Headlam Group plc and HFD Limited are in administration, and with the exception of Ceco (Flooring) Limited, the Group's other trading subsidiaries currently remain unaffected, including those businesses trading under the name of Domus and Melrose.
Enquiries Headlam Group plc Tel: 01675 433 000 Rob Barclay, Chief Executive Officer Email: headlamgroup@headlam.com Richard Jones, Interim Chief Financial Officer Alison Hughes, General Counsel & Company Secretary Panmure Liberum Limited (Corporate Broker) Tel: 020 3100 2000 Tom Scrivens / Atholl Tweedie Interpath (Communications Team) Katy Broomhead, Alastair Henry Email: katy.broomhead@interpath.com alastair.henry@interpath.com
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.