RICS-regulated asset valuers, BPI Asset Advisory, have been instructed to act as agents in respect of the valuation and disposal of the company’s assets following the appointment of David Robson and David Broadbent of Gaines Robson and Begbies Traynor as Joint Liquidators on 17 December 2024.
The Yorkshire-based company, Dempsey Dyer Limited, ceased trading in December 2024. The Company Directors, along with BPI Asset Advisory, attempted to find a purchaser for the business via a marketing campaign. While some aspects of the business were sold, the business itself could not be saved. As a result, a piecemeal online auction sale to dispose of the company’s assets will now take place.
The business, established in 1977, operated as a manufacturer of high-quality uPVC, timber, and aluminium windows and doors for domestic, trade, and commercial customers. The company offered an ‘under one roof’ service to the fenestration industry and was a well-known and respected manufacturer.
The business operated from a 3.5-acre site, including 65,000 square feet of manufacturing space, located in South Kirkby, West Yorkshire. The company utilised a range of modern CNC and conventional joinery, uPVC, and aluminium window and door manufacturing production equipment.
Online Auction Details
Day One of the online auction focuses on the timber manufacturing plant, finished goods, and stock. The sale includes:
- A 6-month-old Weinig Conturex CNC window manufacturing line
- Centauro Beta CNC Chisel Morticer
- DMC Unisand Drum Sander
- Weinig 4-head Moulders
- Wadkin conventional joinery equipment
Day Two of the online auction focuses on uPVC and aluminium production machinery, handling equipment, and support equipment. Principal assets include:
- A 2023 Carif 320 CNC horizontal bandsaw
- BJM 100P Profile Machining Centre
- Rotox KPA 370 Groover
- Multi-head Welders
- Urban Quad Sash Welding Units
- Hollinger uPVC Frame Welding Line with a Rotox Corner Cleaner
Over 500 lots, offered across a two-day online auction, are now available through BPI’s online marketplace, BPI Auctions, with bids closing on 28th and 29th January 2025.
Comment from BPI Asset Advisory Director
Luke Hartshorn, BPI Asset Advisory Director, commented:
“Whilst it is unfortunate that a purchaser for the business could not be found, the online auction offers an opportunity for other businesses within the market sector to bid on a range of CNC and conventional manufacturing equipment. The business utilised industry-standard CNC and conventional equipment and invested heavily in recent years in modern plant and support equipment.
“The scale of the company’s operation is reflected in the number of lots being offered for sale. We would encourage interested parties to explore the range of machinery and equipment available by reviewing the online auction catalogue, which can be viewed via www.bpiauctions.com, and attending the dedicated viewing days.
“We anticipate this online auction sale will be of interest to other companies in the market sector and would urge potentially interested parties to register their interest with us as soon as possible and make arrangements to view the assets.”
About BPI Asset Advisory
BPI Asset Advisory is a RICS-regulated team of specialist surveyors delivering accurate valuations, uncompromised disposal advice, and RICS standards for instructions including corporate recovery, secured lending, accounts, and insurance valuations across the UK.
Auction Links
To view the auctions, visit:
- Day 1 – https://www.bpiauctions.com/auctions/#/auctions/61c937cf-3419-4ae7-af37-1d4e0a5697a5
- Day 2 – https://www.bpiauctions.com/auctions/#/auctions/460ab0d9-7254-4596-861c-ae9a7c7d1ed6
For further information and to book a viewing, please contact the team on 01924 245040.
The trading site is also being offered to the market. Anyone holding an interest should request more information from the agent’s office.