Jd cooling going into administration

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A Norfolk business leader's five-year gamble to take his firm to new heights paid off in style as it took home the top title at the Norfolk Business Awards. The King's Lynn-based company supplies specialist refrigeration units, including large-scale food and drink suppliers to national supermarket, and high-end pharmaceutical clean rooms. Mr Dye said JD Cooling's success in being named Business of the Year could be traced back to his decision to launch an employee ownership scheme in , in a bid to retain senior talent in the business, and investing in the expertise that allowed the company to move into specialist and environmentally-friendly technology. We've quadrupled the size of the business, so they have earned it. I now have a smaller share of a much bigger business. In recent years it has completed projects for the likes of Baxter Healthcare in Thetford, the Linda McCartney factory in Fakenham, and fitted Europe's largest clean room for pharmaceutical firm Bespak in King's Lynn.

Jd cooling going into administration

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You've rejected analytics cookies. Company type Private limited Company Incorporated on 17 January Michael Nash.

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Industry news and insights from Europe and around the World. Latest news and developments in the United Kingdom. Keep up-to-date with the latest new products and technology. General articles, applications and industry analysis. J D Cooling Systems was placed into administration on August JD Cooling service arm sold by administrator — 14 September UK: The service and maintenance arm of multi-award winning refrigeration and air conditioning contractor J D Cooling Systems has been acquired from the administrator, saving over 40 jobs. Read more…. World News Industry news and insights from Europe and around the World. Products Keep up-to-date with the latest new products and technology. Features General articles, applications and industry analysis.

Jd cooling going into administration

Administration is a process in which an independent person takes control of a company, investigates its finances and then makes recommendations on how to proceed. Some of the recommendations could include:. They have gone into administration and appointed an external administrator to advise them on whether they can salvage the business. The administrator will have to look at all their financials, and offer recommendations as to how they can continue. This will involve paying off their debts and implementing strategies to return the company to profit. Companies will enter administration when they are insolvent. Insolvency means that the company owes more money than it makes, i. This law was temporarily paused in due to the COVID pandemic, however it is back in force as of 1 January

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Next accounts made up to 31 May due by 29 February You've accepted analytics cookies. The service and maintenance business of JD Cooling S Tell us what you think of this service link opens a new window Is there anything wrong with this page? Deactivate Piano meter debugger. Submit Cancel. Total Satisfied 0. Last accounts made up to 31 May Ian Allan Nash. Forgotten Password. Cookies on Companies House services We use cookies to make our services work and collect analytics information. Buy report Log In to watch. Online Travel Training OTT is understood to have ceased trading and appointed insolvency specialists.

Options included a sale - but JD Sports decided Go Outdoors had a potential future in the group "if fundamentally restructured". News reporter JournoKiwi.

Next statement date 17 January due by 31 January When bosses at the plant asked Mr Dye to supply that more advanced system because of their previous relationship, he faced a choice: to turn the work down, or recruit the expertise needed to deliver it. Gary Lees Mattin. Mr Anthony John Grayson. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused. By Mark Shields. Adam Stevens. He realised that he need to bring in the talent required to protect the business's future, or risk being left behind. Service and maintenance business of J D Cooling Systems acquired by directors UK cooling services firm JD Cooling has been acquired after calling in the creditors last month. You've rejected analytics cookies. Email Us. Lowestoft-based Wellington Construction appoints liquidators One of the region's major building companies has collapsed after more than 30 years in business. View Full Accounts. Mortgages and Charges.