Beck Interiors Limited - Administration

Beck Interiors Limited, a Chessington, Surrey-based construction and luxury interiors fit-out business established over 30 years ago, entered administration on 23 July.

The company struggled due to liquidity issues relating to an ongoing customer dispute, supply chain failures and increased costs on current contracts. The directors instructed advisers to secure an investment in the business, but the process was unsuccessful.

Stephen Katz, David Rubin and David Birne of Begbies Traynor were appointed joint administrators, and were able to secure a pre-pack sale of part of the business, including a major ongoing contract, which has resulted in the preservation of jobs and the retention of value.

The joint administrators are currently evaluating offers for the remaining parts of the business.

They have been assisted by lawyers Eversheds Sutherland and agents BTG Advisory, Eddisons and Hilco Global. 

Barclays Bank has two registered charges against the company.