The business and assets of a Sheffield office equipment supplier, which has been trading for nearly 100 years, has been bought out of administration by Complete Office Solutions UK Ltd.
RA Roberts Office Equipment Ltd, based in Shepcote Business Park, had suffered a downturn in trading and encountered cash flow problems due to competition from web-based suppliers despite following a proactive diversification strategy, increased product range and office showroom improvements.
Robert Dymond and Lisa Hogg, insolvency practitioners at Wilson Field, were appointed to the firm on September 18. Five weeks later, the family-run business and its assets have now been sold as a going concern to Wakefield-based Complete Office Solutions UK Ltd as part of the company’s expansion plans.
All 13 staff jobs have been preserved.
Richard Coulson, director at Complete Office Solutions, said: “RA Roberts has been established as a family business for over 93 years, and the purchase strengthens our base in the South Yorkshire area.
“In addition to the acquisition, we are also enjoying organic growth in and around this key location and are confident this will continue, particularly given the strength of the 13-strong team we have acquired from RA Roberts.”
Complete Office Solutions currently has 10 locations, six of which are based in the North of England.
Mr Dymond said: “We are pleased to be involved in preserving this established Sheffield business which now has a new, positive future.”