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Ultraframe Buys Prefix Systems Out Of Administration
Administrators at Leonard Curtis have sold the group companies of Prefix Systems to Ultraframe. Prefix went administration on 9 January. About 51 jobs have...
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Massive Machinery Sale – Dempsey Dyer Assets Auction At End Of January
Key assets of window, door and conservatory manufacturer, Dempsey Dyer are being made available via a BPI online auction. Demsey Dyer ceased trading and went into liquidation just before Christmas.
500 lots will be offered across a two-day online auction, via the BPI’s online marketplace, BPI Auctions, with bids closing on 28 and 29 of January 2025.
RICS-regulated asset valuers, BPI Asset Advisory, has been instructed to act as agents in respect of the valuation and disposal of the company’s assets following the appointment of David Robson and David Broadbent of Gaines Robson and Begbies Traynor as joint liquidators on 17 December 2024. Dempsey Dyer directors, along with BPI Asset Advisory, attempted to find a purchaser for the business via a marketing campaign. While some aspects of the business were sold, the business itself could not be saved. As a result, a piecemeal online auction sale to dispose of the company’s assets will now take place.
About the business
The business, established in 1977, operated as a manufacturer of PVC-U, timber and aluminium windows and doors for domestic, trade and commercial customers. The company offered an ‘under one roof’ service to the fenestration industry and was a well-known and respected manufacturer.
It operated from a 3.5-acre site, including 65,000sq.ft of manufacturing space, located in South Kirkby, West Yorkshire. The company utilised a range of modern CNC and conventional joinery, PVC-U and aluminium window and door manufacturing production equipment.
First up – timber
Day one of the online auction focuses on the timber manufacturing plant, finished goods and stock. The sale includes a 6-month-old Weinig Conturex CNC window manufacturing line, a Centauro Beta CNC chisel morticer, a DMC Unisand drum sander, Weinig 4-head moulders and Wadkin conventional joinery equipment. Day two
Day two of the online auction focuses on PVC-U and aluminium production machinery, handling equipment and support equipment. Principal assets include a 2023 Carif 320 CNC horizontal bandsaw, a BJM 100P profile machining centre, a Rotox KPA 370 groover, multi-head welders, Urban quad sash welding units and a Hollinger PVC-U frame welding line with a Rotox corner cleaner.
Big sale
BPI Asset Advisory director Luke Hartshorn says: “Whilst it is unfortunate that a purchaser for the business could not be found, the online auction offers an opportunity for other businesses within the market sector to bid on a range of CNC and conventional manufacturing equipment. The business utilised industry-standard CNC and conventional equipment and invested heavily in recent years in modern plant and support equipment. “The scale of the company’s operation is reflected in the number of lots being offered for sale. We would encourage interested parties to explore the range of machinery and equipment available by reviewing the online auction catalogue, which can be viewed via www.bpiauctions.com and attending the dedicated viewing days.
“We anticipate this online auction sale will be of interest to other companies in the market sector and would urge potentially interested parties to register their interest with us as soon as possible and make arrangements to view the assets.”
To view the catalogue of lots – Click Here
To visit Day One of the auction – Click Here
To visit Day Two of the auction – Click Here
Picture: Just one of the assets of Dempsey Dyer which is being sold at auction.
Article written by Cathryn Ellis
22nd January 2025