Flint kitchen firm Dee Line Kitchens has called in administrators
FLINT-based kitchen company Dee Line Kitchens has gone into administration after 40 years in business.
The firm, which employs 13 people and designs, manufactures and installs bespoke kitchens, has been operating in the town since 1971, but was taken over by new owners in 2010.
According to administrators Kerry Bailey and Jonathan Newell of PKF, difficult trading conditions, combined with the slowdown in the housing market and financial pressures on homeowners, resulted in pressure on cashflow and forced the owners to call in administrators.
Kerry Bailey, of PKF said: “One customer paid a deposit for a kitchen on credit card and this will be reimbursed by the credit card company under the credit card chargeback scheme. A small number of customers are awaiting items which cannot be supplied; again the majority will be covered by the credit card chargeback scheme.”
In 2010 Dee Line was bought out as the founders wanted to retire and the new owners created a new showroom and new line of eco-friendly kitchens.
Ms Bailey added: “It is sad to see such a long-standing firm succumb to the difficult trading conditions which are prevalent in the housing market at the current time.
“This demonstrates that even those businesses with the best of reputations are not immune to the market forces currently being experienced.
“We are looking to secure a sale of the business to a purchaser who will build on the investments made by the previous management team, maintain production and safeguard the future of the thirteen employees and continuation of the well-known local brand.
“We are currently providing information to interested parties and we are hopeful that a sale can be achieved.”
Any interested parties should contact PKF (UK) LLP on 0161 832 5481.