Rankins in administration.
8th November 2012

Rankins Glass one of the oldest and best known names in the glass industry, has gone into administration.

Alex Cadwallader and Andrew Duncan, Directors at Leonard Curtis Business Solutions Group, were appointed joint administrators to Rankins (Glass) Company Limited on Tuesday, and they have begun the process of seeking a buyer for the business based in East London.

Gregg Botterman & Mark Woodward are the two named Directors of Rankins (Glass) Company Limited which was recently purchased by IGlass Limited. The Rankins family left the Board in February of this year.
 
Rankins, a glass stockist, supplier and distributer, provides a wide range of glass products and services, including specialist glazing, low reflective shop fronts, fire resistant glass, bullet resistant glazing, cabinets and decorative mirrors as well as safety and toughened glass.
 
The original glass business was established in the City of London and dates back to the 1880s and has grown from a staff of four to some 55 employees. In its heyday, the glass company was commissioned to glaze newspaper offices on Fleet Street, put the face on London’s Big Ben and, more recently, provided protective and low reflective panels for the country’s most precious works of art.

 In spite of the strong brand heritage and being granted a Royal Warrant of Appointment in 1994, Rankins has become yet another casualty of the sharp downturn in the UK construction industry.

Alex Cadwallader, Director at Leonard Curtis Business Solutions, said: “We are currently assessing the options available to the company and are in discussions with a number of interested parties."