FW Mason in administration

Nottingham timber product company FW Mason was put into administration on Friday (March 25).

Andy Wood and Christopher White of The P&A Partnership, Sheffield, have been appointed joint administrators of the family business, founded in 1929.

Based on a 12 acre site at Colwick, FW Mason is a leading UK manufacturer and distributor of timber products.

Wood said that the business will carry on trading whilst he and White try and find a buyer. He said: “There is a good core business and we believe that by continuing to trade we have the best chance of finding a buyer.

“The company had been hit by a number of factors, including rising fuel costs, lack of finance to modernise the business and loss of long standing customers to the multiples.”

The P&A Partnership is a leading specialist business turnaround and insolvency firm with offices across the UK and in London. Their support for businesses includes restructuring, finance brokering, debt collection and selling assets

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

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