Timber merchant Administration & Liquidation

Quantuma oversee a timber merchant Administration and Liquidation.


  • Family timber merchant business with a 75 years history
  • The business had an aggregate turnover of £8M
  • Problems arose following the defalcations by one family member director


  • ABL – £180K
  • HMRC – £670K
  • Trade – £1.02M


  • Part sale of the business and good debtor recoveries but the main targets were to recover from the defalcating director
  • Intensive investigations and many litigations retrieved a large proportion of defalcations
  • The director was put into Bankruptcy, disqualified long-term and convicted of criminal charges with 8-year committal sentence


For more information on Administrations, please click here