The recession appears to have hit Walcot Reclamation hard as they have been forced into voluntary administration. Its owners Jane and Rick Knapp said they had been fighting "a losing battle" over the past few months and had to admit defeat in their recent plans to regroup and relocate to the Bathampton site.
A notice from the couple on the business's website says that if any 'person should feel the call then there is a ready to roll business there, complete with excellent experienced staff, a wide range of good quality stock, yard, warehouses, trucks and forklifts and a business name known both nationally and internationally.' If the couple do not find anyone to take over the business they will proceed with an auction of the remaining stock at the end of January at which Mr Knapp says that there will be 'plenty of bargains' to be had. Further, Mr and Mrs Knapp thanked everyone for their support since they first started the company in 1977.
Anyone interested is asked to contact Graham Cockle at BCVA auctioneers and valuers on 0117 9533676 or email firstname.lastname@example.org.