North-west buildings manufacturer Robinsons Agricultural and Industrial Buildings, of Crewe, has gone into administrative receivership.
The business, which has been running for 15 years and had a turnover last year of 10m, is now in the hands of Simon Wilson and David Whitehouse, partners in the Manchester-based Kroll’s Corporate Advisory and Restructuring Group.
In a statement issued this week the receivers said they were seeking a buyer for Robinsons and as Farmers Weekly went to press they confirmed that several interested parties had come forward.
Staff numbers were reduced this week from 30 to 10 to reduce costs during efforts to rescue the business.
The company was placed into administrative receivership as a result of cash flow difficulties.
Simon Wilson said: “Robinsons had a well respected name in the agricultural market and has a strong order book which will make it attractive to interested parties.
“We’ve received several expressions of interest which is pleasing at such an early stage.
We hope to conclude a sale of the business and assets in the near future.”