Online building supplies company Building Supplies R Us, currently in administration is likely to be sold as a going concern, according to the joint administrators.
The company sold building materials via the internet, which were then delivered by specific independent merchants who had signed up to the arrangement on a post-code basis. Each postcode area had one main merchant to deliver goods to all orders in that area.
The joint administrators are Lynn Robert Bailey and Graham Paul Bushby of accountants Baker Tilly in Milton Keynes. They were appointed on September 17.
A spokesperson for Baker Tilly told buildersmerchantsjournal.net last week that the aim is to sell the company, although nothing has been settled yet.
The company currently has five County Court Judgements against it totalling £49,866.
Director Frank Kelly has eight directorships including Building Supplies R Us. They are: UK Flood barriers Ltd, Concrete Supplies R Us, Building Supplies R Us Holdings Ltd, Gardening Supplies R Us, Forge Country Developments and Forge Country Homes, of which he is director and company secretary.