Our 27 January 2001 report that the administrators of Cox Long are seeking buyers for the business and assets of the company wrongly suggested that Cox Long has gone into receivership.
In fact, the company’s directors petitioned the High Court for an administration order. Charles MacMillan and Dermot Power of BDO Stoy Hayward were appointed joint administrators. They will help the company through recovery by a combination of disposals and internal reconstructions.
Cox Long has been supplying specialist timber products to the construction industry for the last 100 years. We wish it well in its reconstruction programme.
