Defunct mobility dealer starts to sell stock and assets

report filing cabinet

Stock and assets belonging to a Yorkshire mobility dealer that entered administration in March have been snapped up, but certain assets are still for sale, the restructuring body handling the case has confirmed.

Hartmond Limited, which traded as Yorkshire Mobility, The Mobility Partnership, Trade Mobility and Value Mobility, appointed the RSM restructuring advisory at the end of March.

“We have sold certain elements of the company’s stock and other assets and the remaining assets are still being marketed for sale,” Frank Shepherd, PR manager for RSM, told AMP.

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“We’re continuing to seek maximum realisations for creditors. We’re encouraging parties interested in buying the assets to come forward.”

RSM was unable to disclose information as to the parties purchasing the stock or assets.

Hartmond Ltd traded from seven sites with its head office in Hull and had 17 permanent employees and three directors.

The company was a supplier of a wide variety of mobility products which it supplied to both local and national customers, via its stores and website.

According to RSM, the company experienced increasing cash pressure and challenging trading conditions in the run up to its closure.

Tags : dealerhartmond limitedrsmThe Mobility PartnershipTrade Mobilityvalue mobilityyorkshireYorkshire Mobility
Joe Peskett

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