The shop fitting and interior design business has entered administration for the second time due to financial problems and the challenging economic climate.
St Neots-based Anglo Interiors has previously worked with Hotel Chocolat, Arcadia, Next and Gap and employs 120 staff alongside contract workers at its site on Station Road. These jobs are now at risk as the company’s future is uncertain.
Paul Allen and Jason Baker of FRP Advisory were appointed as joint administrators at the beginning of October and are now working with Winterhill Largo to auction off some of the company’s assets. These include special machinery, workworking tools and equipment and will be on the auction website, Bidspotter from today until the 20th November. To arrange viewings, call 01254 763183.
Simon Creber from Winterhill said “Winterhill has a great deal of experience in organising online auctions, which enable us to reach the widest audience of prospective buyers and provide the best chance of maximising the sale price of assets.”
The administrators are looking to review all options for the business and to release the company’s assets, however this does not include those being auctioned off by Winterhill and are under control of a finance company.