Mansell owners blame cash flow and project delays for administration move
A Manchester steel frame manufacturer has issued a Notice of Intention to appoint an administrator (NOI) with the family members in charge of the business citing cash flow and working capital issues and delays to new and existing projects.
Mansell Building Solutions, based on Broadway Business Park, Chadderton, filed the NOI in the High Court of Justice, Business and Property Courts in Manchester yesterday (August 18), giving it court protection from creditors.
In a LinkedIn post (August 19) the business blamed “a prolonged pe... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
