Plastic scaffold board manufacturer F-Board has been placed into administration.
F-Board Ltd. (F-Board) listed as trading at 17-19 and 23 & 24 Prothero Industrial Estate, Bilport Lane, Wednesbury, West Midlands, WS10 0NT has been placed in Administration.
F-Board created a non-slip scaffold board made from 100 per cent recycled plastic, The firm had just recerntly been crowned the winner of the Construction News Business Innovation of the year 2016. Visitor’s to the company’s website www.fboard.co.uk will now find an Administration notice.
The Administrator, Steve Elliott of Monahans Swindon, was appointed Administrator of F-Board Ltd on 12th August 2016. A notice of the Administration posted to the Gazette on August 22 stated that the Appointment of Administrators for F-Board was made at the Worcester County Court.
A statement from the Administrator on F-Board’s website confirmed that the entire workforce was made redundant on 8th August 2016 and that F-Board ceased trading on that date too.
The Administrator states that, “If you contend that you hold any form of security, reservation of title or other proprietary rights over any assets or stock in the possession of the company, then please forward details in writing to me by 26th August 2016,” contact details are provided on the website.
The Administrator also states that he will be reviewing F-Board’s financial situation over the next eight weeks and will report back to creditors.
By Ian Mclnnes