- Insolvency Insider UK
- Posts
- Aqualux Products - Administration
Aqualux Products - Administration
Aqualux Products, a Leicestershire-based manufacturer of bathroom products, specialising in premium glass shower screens and enclosures, entered administration on 29 August.
The company cited volatile trading conditions and inflationary pressures as the main reasons behind its insolvency.
Raj Mittal and Ben Jones of FRP Advisory were appointed joint administrators and are focused on marketing the company’s assets for sale.
18 employees have been made redundant.
Close Brothers and Intrinsic Equity have registered charges against the company.