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Joint administrators appointed to Shopfittings Direct Limited

Joint administrators appointed to Shopfittings Direct

Chris Pole and David Pike have been appointed as Joint Administrators of Shopfittings Direct Limited (the ‘Company’).

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Chris Pole and David Pike have been appointed as Joint Administrators of Shopfittings Direct Limited (the ‘Company’).

The Watford based business specialises in the sale of mannequins, designing shop interiors and the design of window and visual merchandising (‘VM’) in the retail sector.

The business operates from its head office in Watford, a mannequin showroom in Queens Park (London) and also a VM workshop in Old Dalby (Leicestershire), employing 60 members of staff, of which 42 were made redundant on appointment. The remaining staff are being retained to assist with the wind down of the business.

Chris Pole, Restructuring Partner at KPMG
, said:

“After a poor period of trading Shopfittings Direct Limited had been unable to secure vital funding to keep the business operational and directors had no option but to place the company into administration.

“We are currently working to complete customer contracts to provide continuity and are undertaking an accelerated sale process to market the business and assets for sale.”

Interested parties for the business or its assets should contact: tim.bateson@kpmg.co.uk, trade and creditors should contact : rachel.cutts@kpmg.co.uk, and customer and all other enquiries should be directed to victoria.horishny@kpmg.co.uk

Notes to Editors:

For media queries, please contact:
Emma Murray, Corporate Communications Manager
T: 020 7694 6506 E: emma.murra@kpmg.co.uk

About KPMG in the UK

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 16,300 partners and staff. The UK firm recorded a revenue of £2.338 billion in the year ended 30 September 2018. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 154 countries and has 200,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

© 2020 KPMG LLP, a UK limited liability partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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