Thursday, 1 March 2001
The Gearhouse Group plc and a large number of its subsidiary operations have been placed in administrative receivership. A legal notice posted on the company’s website states that AR Bloom & AJR Wollaston (Ernst & Young) were appointed joint administrative receivers on 23rd February 2001. Over recent years, the Group, a supplier of professional presentation and event production equipment, for both rental and sale, to the corporate presentation, TV, film and live entertainment industries worldwide, had followed an ambitious programme of growth, acquiring a number of complementary companies and rebranding them under the Group banner. It appears from the notice that most of the companies within the Group are now in receivership - these include all the Gearhouse subsidiaries across the UK, Gearhouse LED Screens, Gearhouse Lighting, Gearhouse Special Projects, Gearhouse Structures, Gearhouse XTC, Impact Rentals, PPL Event Services, Presentation Services, Proquip Gearhouse, Sceneset and Set 'N' Stage.