Taylors, Eayre and Smith

[John Camp]

 At 12:00 on Saturday 19 September 2009, John Camp wrote:

> See <http://news.bbc.co.uk/1/hi/england/leicestershire/8264298.stm>

The administrators have confirmed that they hope to sell the business
as a going concern.  The Press Association put out a piece, which can
be found in several local newspapers, as follows:

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A 225-year-old bell foundry based in Leicestershire has gone into
administration.  Taylors Eayre and Smith Ltd, which claims to be the
world's largest bell foundry, has suffered financial difficulties
following a reduction in turnover and increase in expenditure,
according to its administrators, accountancy firm Mazars.

The firm, first established in 1784, currently employs 26 workers at
its premises in Loughborough.  Jill Clarke, speaking on behalf of the
foundry's directors and shareholders, said: "We are deeply saddened to
have gone into administration.  "Advice was initially taken from
Mazars in August but despite the best efforts of all concerned to
secure extra investment, it has not been possible to keep the company
alive. The directors and employees, some of whom have worked here for 30
years, are hopeful that the business can continue and are co-operating
fully with the administrator."

Taylors Eayre and Smith Ltd, which makes and installs a range of
bells, cast the country's largest bell for St Paul's Cathedral in
London in 1881.  Administrators intend to sell the business as a going
concern.  Simon Chandler, from the Nottingham office of Mazars, said:
"Taylors is very well known nationally and internationally within the
sector and has a first class reputation.  We are expecting there to
be significant interest in the possibilities of acquiring the
business."

Copyright (c) Press Association Ltd. 2009, All Rights Reserved.

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John Camp