BREAKING NEWS: BLP in administration

BLP, the Yorkshire-based company that provides materials for the furniture manufacturing industries, has gone into administration.

The company, based in Kirk Sandall, Doncaster, employs around 100 people.

Lyn Vardy and Ian Green of PricewaterhouseCoopers, who have been appointed joint administrators of BLP, said no staff had been made redundant at present.

The business has suffered “significant losses” as a result of the severe housing and retail downturn in the UK and the slowdown in consumer spending on home improvements, the administrators said.

The administrators will continue to trade the business while they search for a buyer but anticipate retaining the majority of employees “in the short term”.

Operating from a 25,000 sq m manufacturing facility, BLP is the UK’s leading volume manufacturer of MDF wrapped profiles and membrane pressed cabinet doors and offers a comprehensive range of products for the furniture manufacturing and related industries.

Lyn Vardy, director at PwC in Sheffield, said: “It is clearly very disappointing that the company has been placed into insolvency proceedings, particularly for the employees.

“It is indicative of the pressures being faced by the housing and home improvement market which is now beginning to impact on its suppliers. We would invite any interested parties to contact us as soon as possible.”