J.Rotherham enters administration

Fourth generation kitchen worktop supplier seeking buyer for business and assets

12 Feb, 20

Kitchen worktop manufacturer J.Rotherham Masonry has entered administration citing “cash flow issues”, making 205 employees redundant.

J.Rotherham enters administration

 

Howard Smith and David Costley-Wood from KPMG were appointed joint administrators to J.Rotherham Masonry on February 3 2020.

Yorkshire-based J Rotherham Masonry has a head office at Home-on-Spalding Moor and a manufacturing facility at Market Weighton.

Twenty-five back office and production roles have been retained to support the administration process and complete existing orders while a buyer is sought for the business and its assets.

As reported by KPMG, the company sought to appoint administrators after it suffering cash flow issues and being unable to meet its financial obligations.

Joint administrator and associate partner at KPMG Howard Smith said: “J Rotherham has been delivering high quality stone masonry for more than four generations and has consistently invested in its manufacturing processes throughout its history.

“While rising cost pressures and challenging trading conditions have led to the difficult decision of appointing administrators, it remains highly regarded by its peers and customers.

“As such, we are actively discussing the future of the business with a number of interested parties and hope to secure a positive outcome that will maintain the business in the area.”

Established in 1927 by Henry Rotherham, the company was in its fourth generation, with Matt Rotherham named managing director in 2015.