News

All jobs saved at Midlands furniture firm

Restructuring and Insolvency
19
March
2024
at

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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