Press release -
Stanton Bikes Limited appoints administrators
Dean Nelson and Nick Lee, Business Recovery and Insolvency Partners at PKF Smith Cooper, were appointed Joint Administrators of Derbyshire-based bicycle manufacturer and retailer Stanton Bikes Limited on Friday 11th November 2022. The appointment was made following a petition to the court by a creditor.
Stanton Bikes Limited has developed both a national and international reputation in the biking industry for designing, manufacturing and selling hardtail and full suspension bicycle frames.
Trading of the business is being continued, under the supervision of the Joint Administrators, whilst a purchaser is sought for either the shares or the business and assets. Should this business be of interest to you, please do not hesitate to contact the Joint Administrators by calling 01332 332021 or emailing kieran.marshall@pkfsmithcooper.com.
Dean Nelson, Business Recovery and Insolvency Partner at PKF Smith Cooper, commented: “We will be providing creditors with relevant information regarding the administration process to allow them to participate in proceedings. We are currently dealing with all enquiries. We will strive to achieve the best outcome for everyone involved at this difficult time.”
Notes to Editors
An ambitious business and multi award-winning firm, we are the home of PKF in the Midlands. The region’s leading firm of trusted accountants and business advisors, we operate across key geographies in Derby, Nottingham, Birmingham, and Ashbourne.
Through our membership of PKF International, the large network of legally independent accounting firms and 11th largest network here in the UK, we are at the forefront of compliance regulations and specialise in providing high quality solutions.
Working in unison with PKF member firms across the world, we blend local expertise and extensive territorial knowledge to provide a full range of audit, accountancy, tax and advisory services in line with the expectations and needs of the market.
For press queries, get in touch with marketing@pkfsmithcooper.com.
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PKF Smith Cooper is one of the largest independently owned and preferred accountancy and business advisory firms for owner managed businesses across the Midlands. The firm specialises in providing intelligent, efficient and cost-effective bespoke advisory services to both corporate and individual clients. Smith Cooper has six offices across the Midlands including Derby, Birmingham and Nottingham.
