Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

No buyer for RK Furniture of York following brief spell in administration

Monday 18 July 2011

Administrators have conceded defeat in their quest to find a buyer for RK Furniture and the company has ceased trading. FRP Advisory was appointed administrator of the £2.5m turnover office furniture specialist earlier this month.
All 45 employees of the York based company have been made redundant.
In a statement, joint administrator Philip Armstrong said the decline in public and consumer spending had caused the manufacturing and wholesale business to fail.
He added: "We are now working to recover as much value as possible for creditors, by selling the company’s remaining assets." RK's business had dwindled in recent years. As recently as five years ago it was posting profits of £0.7m and employed 73 members of staff. Fiona Rae at FRP Advisory is handling queries regarding the company's assets.

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