Guy Hollander and Adam Harris of Mazars, the international accounting and advisory firm, have been appointed Joint Administrators of the Parlane International Limited (“the Company”) as of 7 May 2020.
The Company, based in Bourton-on-the-Water, Gloucestershire, was founded in 1965 and has traded for over 50 years. It specialises in the delivery of homewares and gifts including furniture, decorative and functional accessories, faux flowers and Christmas decorations both in the UK and internationally.
Prior to entering administration, the company made 11 of its 24 staff redundant. The Joint Administrators are working closely with the Company’s management and their independent agents, European Valuations, to find a purchaser for the business and assets in order to preserve the business and the jobs of the 13 remaining and furloughed staff.
Guy Hollander, Joint Administrator, said: “We are looking for a purchaser for this well-established brand which has been severely impacted by the Covid-19 crisis. I would like to thank the directors and the staff for the help that they have provided in an incredibly stressful, difficult and emotional situation.”