Setten and Durward Limited – in administration

Published at 12:33 PM on 05 February 2008

Rob Lewis and Ross Connock of PricewaterhouseCoopers LLP were appointed joint administrators of Setten and Durward Limited (‘the Company’) on 5 February 2008. The company is based in Llandrindod Wells in Powys, Wales and specialises in the manufacture of stationery products such as ringbinders, lever arch files and boxfiles, for supply primarily to stationery suppliers and wholesalers and also to the retail industry. The company employs approximately 150 people at its factory in the Waterloo Road Industrial Estate. Rob Lewis, joint administrator and partner at PricewaterhouseCoopers LLP, said: “Setten and Durward has a comprehensive manufacturing facility, a good product range and reputable and well known brands such as IXL, Bulldog and Premier Grip. We are hopeful that these qualities will attract potential purchasers. "The administrators will be allowing the Company to continue trading whilst they seek a buyer of the business on a “going concern” basis. During this period we will be communicating with the Company’s customers, suppliers and employees and would ask for their support whilst we seek a future for the business that protects employment for 150 people." Interested parties should contact Ross Connock or Roger Hale on 029 2023 7000. ENDS


For more information contact:

Stephanie Howel
Advisory PR Manager, PwC 
Tel:020 7213 2421 
Mobile:07734 456 098 

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