Beaconside, Stafford-based Blue Cube Rentals has entered into administration, resulting in nine job losses. Administrator KPMG was called in on 26 March to deal with its remaining assets and outstanding accounts.
Although Blue Cube continues to trade under KPMG's control, the administrator is hopeful that a buyer will come forward for the remaining assets.
A spokeswoman
for KPMG says: "Since the business entered into administration, several bidders have expressed interest, one of which is seriously considering putting in an offer. While Blue Cube continues to trade, we will look to market the assets afterwards to repay any outstanding debts."
While declining to say how much debt Blue Cube had incurred or the reason for it entering into administration, the spokeswoman adds: "We expect to get a clearer picture in the coming weeks."
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