Sunderland building centre firm collapses

Thompson Building Centres, Corporation Road, Sunderland
Thompson Building Centres, Corporation Road, Sunderland
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THOMPSON’S Building Centres has collapsed into administration just days after boss Anne Ganley vowed to fight to save it.

The Echo revealed on Friday that the Hendon-based firm was in talks about the possibility of entering a Company Voluntary Arrangement with creditors in a bid to buy some breathing space.

But financial specialist KPMG announced today it has appointed Mark Firmin, Howard Smith and Paul Flint, of its restructuring arm, as joint administrators after a winding up petition from HM Revenue and Customs.

•More details in tomorrow’s Sunderland Echo