Overview
- Interpath was appointed as joint administrator after efforts to refinance, sell the business or secure investment failed.
- Warwick Ward confirmed it will close, with administrators prioritising support for redundant staff and assessing options for the company’s assets.
- The Yorkshire-based supplier operated depots in Bromsgrove and Harlow and was regarded as one of the UK’s largest stockists of earthmoving and waste‑recycling equipment.
- Owner-directors Ashley and Matt Ward transferred the company to an Employee Ownership Trust in June 2023.
- Following the EOT transition, accounts show a swing to a £1.3 million pre-tax loss and an 11% drop in sales to £45.3 million from £51.2 million the prior year.