More than 30 suppliers to Mica UK, which entered administration last week, took part in a conference call organised by BHETA DIY director Andy Vaughan yesterday afternoon.
The suppliers, made up of both BHETA members and non-members, shared their views about the buying and marketing group's recent decision to place the company in administration. They also had the opportunity to raise any questions they had with BHETA service providers Laurie Beagle and Paul Hughes of the P&A Partnership, both advisors to BHETA's Credit Forum.
Speaking to DIY Week this morning, Andy Vaughan said that many members had raised similar questions and that the next step was for those to be collated and formally related to the administrator, Kevin Murphy at Leonard Curtis.
Mr Vaughan said, "I'm really pleased that we've been able to act quickly to try to help members (and non-members) mitigate their losses. Helping members in their commercial activities and representing their best interests is the key role of a trade association like BHETA."
A meeting, organised by Mica, will be held for all Mica retail members at Stax Manchester on Sunday. The meeting has been called to discuss the demise of Mica (UK) Ltd and the future format of Mica DIY Ltd. The meeting starts at 11am. Stax Trade Centres will be taking on the national wholesaling responsibility now that Mica Vault is no more.