Thu, 12 Mar 2015 | ADMINISTRATION
A Dundee-based construction firm looks set to go into administration, reports suggest.
Muirfield Contracts has put forward a petition to the sheriff court to appoint administrators, according to The Tele. Further information from the BBC reveals that staff have been given letters telling them not to report to building sites as they had been placed on gardening leave.
The leading construction company employs over 250 people, of which around 100 are members of the building union UCATT.
Some employees attended a meeting at the Muirfield Contracts' headquarters at Camperdown Industrial Park on 11 March, where they were reportedly told the news.
George Ramsay, a UCATT representative, told workers outside Camperdown Industrial Park that employees had received letters pertaining to the appointment of administrators.
He explained: “They have handed out letters to some of them saying they are in the process of appointing an administrator but that is really all we know just now.”
The firm, which has offices in Dundee, Aberdeen and Grangemouth, has not commented on the issue. After being built up by Maurice McKay in 2013 Muirfield Contracts was sold to Azure Investments. The company has worked on major projects including refurbishing Dundee's McManus Galleries and constructing the Forfar headquarters for Angus Council.
______________________________________________________________________
Related information:
Looking for a business in administration? Search our listings
Tips on profiting from a distressed business
An opportunity to acquire a long-established profitable law practice situated in a the county of Hampshire.
The acquirer of this practice will be required to take-over the unexpired part of all on-going agreements relating to future payments for software licenses, equipment, furniture, fixtures, fittings, storage rental, PI insurance, library and any payme...
Long established and profitable law company is situated in the county of Cleveland. The company undertakes Personal Injury – Claimant only work, and a small amount of Wills, Trust, Probate and LPA’s.
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.