Contract furniture business sold out of administration

Midlands-based furniture firm Mastrad Contract Furniture Limited has been acquired out of administration.

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 manufacturer and trade supplier of educational contract furniture since 2007.

However, the company entered administration on 7 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, under common ownership, 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.”

Save this article for later

You can revisit this article if you save it as favourite news!

Leave a Comment

MORE ARTICLES

Jason Stone, CEO at bedroom furniture supplier Harmony Furnishings, talks about the launch of its new catalogue and collections, as well as the appointment of...