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All jobs saved at Midlands furniture firm
Leonard Curtis has arranged the successful sale of Midlands-based firm Mastrad Contract Furniture Limited - rescuing all jobs in the process.
Based in Walsall, Mastrad Furniture has been a leading manufacturer and trade supplier of educational contract furniture since 2007.
However, the company entered administration on 7th March 2024 - with Conrad Beighton and Joph Young stepping in to offer support as it became insolvent.
Administrators worked to arrange a pre-pack administration sale to Mastrad Furniture Components Limited - successfully selling the business and its assets.
Joint Administrator Conrad Beighton stated: “We’re pleased to have played a role in helping a good company that was going through a difficult time.
“Securing the sale of Mastrad Furniture has enabled continuity for all customers and has saved all jobs at the business.”
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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.