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Timely sale secures jobs at conservatory roofing business
Administrators at Leonard Curtis have sold a group of companies working in the home improvement industry as a going concern saving c51 jobs.
Established in 1996 Prefix Systems is a UK manufacturer of fenestration products for the trade with an HQ in Blackburn and sister company in Swansea.
Andrew Knowles and Hilary Pascoe were appointed Joint Administrators of Prefix Systems Holdings Limited, Prefix Systems (UK) Limited and Prefix Systems (South) Limited after directors put the company into administration on 9th January 2025.
Subsequently Andrew and Hilary were then appointed as Joint Administrators of Prefix Systems (Southwest) Limited and Prefix Technical Services Limited.
After a short period of marketing the Joint Administrators succeeded in selling the whole group of businesses and assets as a going concern to Altrincham-based firm Homie Limited, who are part of the Latium Group operating in the home improvement market, therefore preserving the jobs of all employees.
Andrew Knowles commented: “We are delighted to have completed this sale in just a week or two. The Group is now part of a larger company with complementary skill sets who want to retain valued staff.”
A spokesperson for Homie Limited said: “While Prefix was not viable as a stand-alone business it does enhance our offering, adding certain complementary products to our range.
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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.