Mon, 21 Jun 2010 | ADMINISTRATION
Scottish stonemasonry business Hunter Clark has been placed into administration, with several projects left incomplete, as well as the loss of its entire workforce.
The joint administrators Fraser Gray and Elizabeth Mackay of Zolfo Cooper had to make 168 employees redundant on their appointment. The Glasgow business has ceased to trade, as it was financially unable to continue.
Hunter Clark had suffered "severe cash-flow difficulties within a tough trading environment", says Mackay.
"There remains a number of contracts for work outstanding and we will now enter a period of assessment with a view to offering these to potential bidders."
The unfinished works are now in stasis until the administrators decide on what steps to take to rescue the firm.
The company had recently won £3.7 million of contracts to undertake restoration on Glasgow Royal Infirmary and St Mary's Roman Catholic Church in Lanark.
Hunter Clark was also working on a £1.5 million project on a Kilmalcolm-based housing estate, and a general clean up on Rosslyn Chapel, which featured in Dan Brown's Da Vinci Code.
Two masons, Thomas Hunter and William Clark, founded the business in 1900, before changing ownership in 1923. The firm had been one of Scotland's leading building works and masonry contractors.
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