Chris Pole and Sarah Collins from Interpath Advisory were appointed as Joint Administrators of Beheren Limited, trading as Capital Cooling, on 24 February 2022.
The Company provides refrigeration solutions to the retail, hospitality and leisure sectors, with a warehouse and distribution facility based in Kettering and a head office function based in Livingston.
The Company had recently experienced significant trading difficulties, with high shipping costs compounding ongoing pressure on sales and margins, leading to cash flow difficulties. As a result of these issues, the Company undertook a process to explore investment options. However, a solvent solution could not be found and ultimately it was concluded that it was in the best interests of the creditors for the Company to be placed into Administration.
The Company employed 42 members of staff. Regrettably, immediately following their appointment, the Joint Administrators made a number of redundancies.
Chris Pole, managing director at Interpath Advisory and joint administrator, said: “Our immediate priority is to assist those members of staff who have been impacted by redundancy, providing them with the support they need to make claims to the Redundancy Payments Office.
“We will also be exploring options for the sale of the business, and would invite interested parties to contact us as soon as possible.”