Please visit https://www.companyrescue.co.uk/ for confidential help and insolvency advice or email keiths@ksagroup.co.uk

Thursday, 28 April 2011

Amdega in administration

Amdega the conservatory manufacturer and supplier based in Darlington has gone into administration with the loss of 197 jobs. The business is almost 150 years old.  Customers will be effected as the business had 300 outstanding orders.

Administrators at KPMG said Amdega was "a victim of the severe downturn in the big-ticket and home-related parts" of retail. 

Further evidence of the downturn in consumer confidence has been revealed in the GfK NOP consumer confidence index that showed a fall to "-31"  a figure which has only been seen before in the height of the financial crisis in 2008 and in early 1990.

If you are an employee of the business then you can visit our help for employees pages on our website.

If you are a supplier to the business and you think that the collapse of Amdega will affect you then please get in touch and we can talk to you about your options.

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Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

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