Stone Plus UK on sale following appointment of Administrators
Northamptonshire hard landscaping stone supplier Stone Plus UK has been placed into Administration. The Administrators, Jo Hammond and Gareth Rusling of Begbies Traynor in Sheffield, are looking for a buyer.
Stone Plus is in Mawsley, Kettering. It supplies a range of natural stone, porcelain and concrete landscaping products, and also has distribution rights for Oakdale Greenscaping and Irish McMonagle Stone for the south of England.
The administrators say the company experienced financial difficulties due to shipping problems and cashflow pressures that led to significant debts accruing, making the business unviable.
Stone Plus has three employees who are being made redundant.
Business advisor Eddisons has been appointed to sell the business and its assets.