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Fri April 19 2024

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Roofing contractor rescued from administration

31 Jan 14 Avonside Roofing has bought the business and assets of Dodds Roofing Services out of administration.

Dodds Roofing Services, based in Driffield in east Yorkshire, was placed in the hands of administrators from Begbies Traynor earlier this week and immediately sold on to Avonside.

A family business, Dodds had traded for nearly 20 years across Yorkshire, working for private contractors and developers as well as local authorities.

Avonside Roofing is part of Avonside Group Services, based in Heywood, Lancashire.

“This is a well-established and viable business with a loyal customer base which suffered from financial problems following recent bad debts,” said joint administrator Andrew Mackenzie. “We were able to step in and swiftly find a purchaser for the business, preserving its value by acting quickly to avoid disruption and providing a seamless transition.”

He added: “As part of a large national company which is a market leader in the roofing sector, the business now has a more secure future which is great news for its staff, subcontractors and customers. The deal is the best possible outcome, enabling a well-established local business to continue to trade.”

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