News
95 jobs saved at London laundry business
Leonard Curtis Business Solutions Group has completed the sale of the business and assets of Bates of London Limited, a longestablished London laundry contractor, and saved all 95 jobs.
The leading laundry business, which can trace its history back to 1886, specialises in linen hire and contract laundry for hotels, health clubs and restaurants across the UK.
It was sold to existing management following an intensive period of marketing in December last year.
Administrators Neil Bennett of Leonard Curtis and Ian Yerrill of YM Business Recovery Limited were called in by directors at Bates of London following a prolonged struggle with the effects of coronavirus on the hospitality industry, together with rising energy costs.
The Administrators worked closely with the parties concerned to deliver the best possible outcome for stakeholders. Neil Bennett commented: This was a great business with a long history which deserved to survive unprecedented recent pressures and we were delighted to find a buyer to take it on and retain the workforce in full.
At its height Bates of London was processing over 50 million pieces of laundry a year with two processing plants and a dedicated team.
Feedback Form
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec ultricies consequat.
News and insights
Get in touch
with Leonard Curtis
Forward
with purpose
Leonard Curtis is a trading style of Reach Commercial Finance Limited, registered at Riverside House, Irwell Street, Manchester, M3 5EN. Company Register number is 09056450. Reach Commercial Finance Limited is authorised and regulated by the Financial Conduct Authority, FRN: 753686. Reach Commercial Finance Limited is an authorised credit broker and not a lender. We work with a an unrestricted number of lenders to find a potentially suitable arrangement for your consideration. ICO registration ZA069234 and you can check via www.ico.org.uk. We will receive commission from lenders. Different lenders pay different amounts depending on different commission models. For transparency we work with the following commission models: fixed fee, fixed rate of commission, percentage of the amount you borrow and rate for risk (this is based on the risk profile of the business). Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey. Privacy notice.
Leonard Curtis Legal Limited is a limited company, registered in England and Wales with registered number 09820186. Registered office: Riverside House, Irwell Street, Manchester M3 5EN. Leonard Curtis Legal Limited is registered with the Solicitors Regulation Authority with number 626004.