A WELL-known company in the Wotton area has collapsed into administration, it has been announced. 

Building and carpentry business Chappell & Dix Ltd - which dates back to the 1970s - has fallen into administration. 

According to Company House, the firm - which was based in Charfield - employed 62 people 
in 2022. 

It officially suspended its website last Friday, March 1 with dozens of people reacting to the news on social media. 

The company previously carried out extensive work revamping both GP surgeries in Wotton including the Chipping Surgery and the Culverhay Surgery. 

“My first thoughts are with employees and their families"

Tony Davey, chair of the Stroud & District Chamber of Trade said: “I was saddened to hear of Chappell & Dix falling into administration. 

“My first thoughts are with the almost 60 employees and their families, and the impact this may have on the customers who may have outstanding work with them.

“The current economic climate remains a very difficult one for businesses to operate in - including ones where their history can be traced back to the mid 1970’s and have been a regular sight around our towns and countryside for many years.

“Costs of materials continue to fluctuate, especially in the construction sector, in addition to materials availability and predictability, with other rising pressures of running a business showing no signs of abating. 

“Add to this the interest rate issues and inflation impacting available spend, and it makes for very challenging times.”

Administration will end automatically after 12 months unless the administrator asks the court or creditors for an extension.

Through administration, the company may have been rescued and passed back to directors, or gone into liquidation or dissolved.

Administration notice 

A statement on the company’s website reads: “Unfortunately Chappell & Dix Ltd  (“the Company”) has ceased trading with immediate effect and been placed into Administration on March 1, 2024.

“Neil Vinnicombe and Paul Wood of Begbies Traynor (Central) LLP (“the Administrators”) have been appointed.

“The Administrators will be writing to creditors in due course and within 7 days of their appointment.  

“No Company staff are available to answer phones or respond to email enquiries.”