More than £500,000 of container-grown trees, shrubs and a range of other plants are being offered for sale by online auction on 24 November at Suffolk-based John Woods Nurseries after the business entered administration earlier this month.
John Woods, a £6m turnover business, formed in 2007 as part of a management buyout from Notcutts Nursery, is renowned as one of the UK’s top five commercial garden centre suppliers and the winner of numerous horticultural industry awards. The nursery owns the important National Collection of hibiscus plants, recognised by the plant heritage organisation, the National Council for the Protection of Plants and Gardens, together with a collection of very mature original ericaceous species, such as rhododendrons and azaleas, from the famous Waterers Nursery.
The business had run into severe financial problems after several years of difficult trading conditions, and announced a restructuring and creditors voluntary arrangement (CVA) in November 2014.
The nurseries produced more than 1.3 million hardy plants a year on its 65-acre site in Woodbridge, Suffolk. Its 1,500-line product range includes shrubs, perennials, roses, ericaceous plants, climbers, trees and fruit.
The online auction on 24 November is being organised by Eddisons and the lots will be available to view at the John Woods site on Monday 23 November between 10am and 4pm.
Kevin McAndrew, director of machinery and business assets at Eddisons, said: “It’s really sad to see a company like John Woods, which has such a proud heritage in plant growing and gardening being brought down by financial problems.
“The lots that we are auctioning next week will be an opportunity for trade buyers and individuals to pick up some fantastic plants and other items from right across the nurseries’ vast product range.”
Further information on the auction is available from Eddisons at firstname.lastname@example.org and http://www.eddisons.com/machinery-business-assets/assets-for-sale
Kevin joined Eddisons as a Director in the London office in 2012 as part of the acquisition of a small specialist machinery and business asset valuation company. Kevin has 18 years’ valuation experience having worked for a number of firms, primarily in insolvency, but has also worked on large-scale valuations for insurance and acquisition purposes.
Kevin has an interest in antiques and sailing and his knowledge of both have, on occasion, been utilised in his professional life.