William and Son, a Mayfair-based jeweller, has fallen into administration.
Damian Webb and Phillip Sykes of RSM Restructuring Advisory LLP were appointed joint administrators of the business on 10 July 2020, the jeweller has revealed.
In a statement, the jewellers confirmed the “affairs, business and property of the company are now being managed by the administrators, who will act as agents of the company and without personal liability”.
William and Son was founded in 1999 by William Asprey, a seventh generation member of the Asprey family.
The group created and curated collections of fine jewellery and timepieces, leather goods and silver and glassware, as well as kit and tackle and handcrafted shotguns.
In a statement on the group’s LinkedIn, the jeweller said it was “dedicated to employing the highest quality craftsmanship and the most exemplary materials”.
Its own collections were produced by British craftsmen, many of whom worked exclusively for the group. Its silverware and jewellery departments were “in particular working with a new generation of artists, artisans and designer-makers, ensuring that traditional crafts not only survive but are re-invigorated”.
It also offered a bespoke service, including engraving and customisation.