The Bristol-based company negotiated a refinancing package in January on the back of a £350m turnover and rising sales. It operates from 50 depots and employs more than 1,000 staff.
Corporate development director Kevin Hancock said the strategic review of the business was making good progress in what was a complex process.
"We have filed a notice of intention to appoint an administrator with the court, but this not mean that the company is in administration," said Mr Hancock . "It is to allow us time to finalise our plans to secure the long-term sustainability and growth of the Burdens business. We hope to make a further announcement in the weeks ahead."
Trade sources said Burdens’ sales were down and the refinancing package from GE Capital and Lloyds Banking Group had been unable to lift the business sufficiently to achieve anticipated growth following a reported 15% rise in sales for 2011/12.
