Facade firm faces collapse after 143 years in business
Top Stories Tamfitronics A facade specialist impacted by Brexit and the Covid outbreak is set to appoint an administrator.Enfield-based M Price Group filed a formal notice of intention on 16 August.The firm – founded in 1881 by glass merchant Malcolm Price – specialised in installing aluminium curtain walling, windows and multi-material facade solutions at high-rise and commercial projects. Work included the Emirates football stadium (pictured).M Price’s annual accounts were overdue since April 2023, according to Companies House. Its most recent set of accounts, covering the financial year to 30 April 2021, described a pre-tax loss of £1.2m and a turnover of £29m, delivering a margin of -4.2 per cent.At the time, the firm said that “Brexit uncertainty was compounded by the coronavirus pandemic”, as the firm was hit by project delays and a drop in...
