Firm was the third fit-out business to go into administration in the space of a few weeks
Fit-out firm Metro Design Consultants has been partly bought by an unnamed buyer after it fell into administration.
The £12m-turnover specialist, which designed interiors for high-profile clients including the Conservative party and Harley Davidson, was the third fit-out firm to go into administration in the space of a few weeks. Part of the business was bought through the administrators by an unnamed buyer.
Joint administrators, Jeremy Frost and Stephen Patrick, were winding down the other part of the business, MDC Realisations, last week.
One subcontractor said: “We had difficulties getting payment at every stage of our project and will be adding our name to the creditors list.”
Frost said: “As is often the case with medium-sized administrations, part of the problem was that Metro lost its main client and a couple of other contracts ended prematurely.”