Fri, 16 Mar 2012 | ADMINISTRATION
Administrators are looking to sell the assets of West Yorkshire building company, Ashcroft Construction, after it fell into administration last week with the loss of 23 jobs.
The Brighouse-based business appointed Antony Denham and Sarah Long from insolvency firm DL Partnership as joint administrators this month, who immediately made all of the company’s employees redundant.
Insider Media has reported Ms Long as stating that the company was a victim of its recent loss of turnover, which had been caused by the “economic climate and the general downturn in the construction sector”.
The administrators immediately moved to wind up Ashcroft’s three remaining contracts, submitting them for review by Leslie Keats Quantity Surveyors. One of the contracts was terminated by the client upon the appointment of the administrators, but was deemed to have no significant saleable value. Another of the contracts was deemed to be practically completed, while the third was transferred to another contractor.
The plant and equipment owned by Ashcroft Construction will now be sold, and the administrators have appointed representatives from Michael Steel & Co (Plant & Machinery) to orchestrate the sale. The administrators have been advised by Sarah Brittain of Lupton Fawcett Solicitors.
Established for over 30 years, the business is located near a seaside town providing a range of care solutions for the Elderly (over 65’s); it is now on the market for sale. In addition to offering Residential care, the business also specialises in,...
FREEHOLD
For over 12 years our client has been manufacturing a market leading product, supplying the candle manufacturing sector, supporting all types of clients from large producers down to small hobbyists. The knowledgeable and friendly staff help clients s...
For 25+ years, the business has been supplying, installing, and servicing compressed air systems for a wide range of business applications. Members of the British Compressed Air Society, registered to ISO9001 and Safe Contractor approved.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.