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FRP Advisory appointed administrator to Frederick J French Limited (trading as F J French)

1 June 2011

Frederick J French Limited, trading as F J French in Chelmsford, Essex, was placed into administration and ceased trading on 1 June 2011, with the appointment of Glyn Mummery and Jeremy French, partners at FRP Advisory LLP, the specialist restructuring, recovery and insolvency firm. 

The building contractor's financial difficulties arose following a significant reduction in work from its primary client, a local authority, brought about as a result of the recession. The directors attempted to downsize the business to reflect its reducing turnover earlier this year, however, a lack of new contracts left them with no option but to appoint administrators.

Glyn Mummery provided the following comment: "Unfortunately, it was not viable to trade the business, due to a lack of existing contracts and administration was the only option. Regrettably, we therefore had to close the business immediately and make 27 staff redundant.

"Our strategy now is to focus upon the best means for maximizing realisations of the Company's premises and chattel assets."

Glyn added: "This is the third major construction firm in the Essex region that we have been called in to deal with this year, which reflects the widely held view that the sector has slipped back into recession."

Frederick J French Limited was established in 1895 and has occupied town centre premises in Chelmsford ever since.

Interested parties in the sale of the premises and assets should contact Wendy Shorey on Tel: 01708 458 211 or via email using the online form below.

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