P&A role at timber manufacturer

P&APARTNERSHIP - ad page. Andy Wood
P&APARTNERSHIP - ad page. Andy Wood
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Business turnaround and insolvency experts from Sheffield have been appointed administrators of one of the UK’s leading manufacturers and distributors of timber products.

Andy Wood and Christopher White of The P&A Partnership have taken over the running of 82-year-old Nottingham timber company F W Mason and Sons and say the company will continue to trade while they look for a buyer.

Mr Wood said: “There is a good core business and we believe that by continuing to trade we have the best chance of finding a buyer.

“The company had been hit by a number of factors, including rising fuel costs, lack of finance to modernise the business and loss of long standing customers to the multiples.”