21st January 2025
Administrators at Leonard Curtis have sold a group of companies working in the home improvement industry as a going concern saving c51 jobs.
Established in 1996 Prefix Systems is a UK manufacturer of fenestration products for the trade with an HQ in Blackburn and sister company in Swansea.
Andrew Knowles and Hilary Pascoe were appointed Joint Administrators of Prefix Systems Holdings Limited, Prefix Systems (UK) Limited and Prefix Systems (South) Limited after directors put the company into administration on 9th January 2025.
Subsequently Andrew and Hilary were then appointed as Joint Administrators of Prefix Systems (Southwest) Limited and Prefix Technical Services Limited.
After a short period of marketing the Joint Administrators succeeded in selling the whole group of businesses and assets as a going concern to Altrincham-based firm Homie Limited, who are part of the Latium Group operating in the home improvement market, therefore preserving the jobs of all employees.
Andrew Knowles commented: “We are delighted to have completed this sale in just a week or two. The Group is now part of a larger company with complementary skill sets who want to retain valued staff.”
A spokesperson for Homie Limited said: “While Prefix was not viable as a stand-alone business it does enhance our offering, adding certain complementary products to our range.