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Caldwells Manufacturing enters administration

Published: 15 July 2009
Caldwells is the latest British brand to fall victim to the recession with the news that the tool manufacturer entered administration last Wednesday.
The Manchester-based firm, which, according to its website, first began supplying tools in the 1770s, appears to have been unable to continue in the face of the economic downturn.

A spokesperson for the administrators MCR told DIY week that the company was placed in administration last Wednesday, July 8, and that some 70% of staff had been made redundant.

The directors of the company, Christopher Thomson and Martin, Bernard and Nicholas Caldwell, were all unavailable for comment. However, the spokesperson for administrators MCR confirmed to DIY Week that: "Steven Muncaster and Philip Duffy of MCR were appointed joint administrators of Caldwells Manufacturing Ltd on Wednesday 8th July by the directors of the company pursuant to paragraph 22 of Schedule B1 of the Insolvency Act 1986.

"The administrators are currently undertaking a review of the business and are hoping to complete a sale of the business and assets of Caldwells as a going concern"

Comments

Published prior to March 2014
By James Clayburn
We understand that Caldwells were UK distributors of the innovative NuBarrow ( copy of Dysons Ball Barrow) and would like further information on the German manufactureres and/or are there any stocks remaining and available for purchase.

Regards
James Clayburn
Purchasing Manager Euro Imports S.A
Published prior to March 2014
By vikas
I'm sorry to hear this news. I wish all the staff and directors of Caldwell well for the future.
Hopefully something might arise from the "ashes" so the name CALDWELL will not disappear altogether. So, watch this space......

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