Overview
- Interpath’s James Clark and Will Wright were appointed joint administrators on January 19 and immediately sold Moores’ customer list and selected IP to Wren Trade Kitchens.
- Administrators retained 336 employees on a short-term basis to complete work in progress and made 124 redundancies with support routed through the Redundancy Payments Service.
- Wren secured an exclusive option enabling customers to transfer outstanding contracts to its business without changes to price or delivery schedules, according to its statement.
- Wren said it will explore offering roles to a significant number of Moores’ sales, operations and support staff as the administrators wind down remaining activities.
- Company filings show losses of £7.4m in 2023 and £9.18m in 2024 with sales down 8.3% to £58.2m, reflecting sector pressures from higher input costs and slower housebuilding.