The Hartlepool‑based business operated from an 88,000 sq ft facility on the Longhill Industrial Estate, equipped with modern wood and metalworking machinery used to produce bespoke fire‑rated and safety doors.
Company Entered Administration in March
Joint administrators Bob Maxwell and Ian Royle of BTG were appointed on 6 March after cashflow pressures affected the company’s ability to maintain production. The firm’s 56 employees were made redundant shortly after the appointment.
Ian Royle said: “The business had successfully secured a strong pipeline of work, with a full order book, but was ultimately unable to manage the working capital demands associated with materials procurement and ongoing manufacturing.
“This presents an opportunity for buyers to acquire a well-invested production facility with the capability to manufacture high-specification, bespoke fire and safety doors.”
Long‑Established Manufacturer With Major Clients
Founded in the 1960s, Bridgman IBC specialised in certified fire‑rated door sets for healthcare, education and commercial environments. Its client base included organisations such as the NHS, Newcastle University, Cineworld, Hilton and McDonald’s.
Royle added: “We are seeing good levels of interest in the machinery and the wider manufacturing equipment, which reflects the quality of the specialist machinery and equipment, and the strength of the business’s operational capability.”
Machinery And Assets Now Available
The assets include specialist saws, edgebanders, sanders, CNC tools, spray and paint booths and application tools. Full details and the complete inventory are available online at https://www.eddisonsassets.com/assets-for-sale/bridgmanibc.
BTG, formerly Begbies Traynor, is a UK‑wide financial advisory and restructuring group offering insolvency, corporate finance and real estate services.
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