Fri, 31 Oct 2014 | ADMINISTRATION
Civil engineering and building firm L.G.A. Limited has been placed into administration, with several job cuts made.
Keith Morgan, director at the Cardiff office of Mazars, has been brought in to manage the business’ affairs. He said: “The administrators are continuing to trade the business on a limited basis to carry out certain work in progress.
“Unfortunately, however, the majority of the company’s employees have been made redundant.”
Based in Bridgend and with depots in Cardiff and Swansea, the business has annual sales of £6 million and holds the ISO 9001:2008 accreditation for its management processes.
L.G.A Limited has worked on numerous highway construction projects, highway repairs, street lighting, fencing and pavement improvements, since it was established in 1994. Its clients include several councils located in Wales, including Newport, Bridgend and Vale of Glamorgan. Schemes the business has contributed towards include Cardiff Central Bus Station, and Bridgend Town Centre Gateway Enhancements.
Thirty-two of the total 36 staff at the business have lost their jobs.
Founded by the managing director Mr Albert Birkett, the business doubled in size in a 15-year period. Having won the Investors in People Award, it had a very good staff turnover rate.
______________________________________________________________
Related information:
Contact the administrators
Business recovery advice
Opportunity to acquire a high performing business and long leasehold property operating in the dental and medical sector within London. Offers by: 6 December 2024.
Opportunity to acquire the business and assets of a beverage retailer with stores across England. Offers by: 2 December 2024.
Opportunity to acquire a privately owned Company founded over 40 years ago, operating as one of the leading developers of exceptional residential homes in prime areas of London and Southern England. Offers by 5 December 2024.
25
|
Nov
|
Vegan food maker Allplants calls in administrators | ADMINISTRATION
Footballer backed vegan food manufacturer Allplants is seeki...
25
|
Nov
|
Premier Events buy Bristol peer to power growth | BUSINESS SALE
Leicester-based Premier Events has bought Bristol peer PYTCH...
22
|
Nov
|
Construction firm Lyjon calls in administrators | ADMINISTRATION
Cheshire-based contractor Lyjon Group has appointed administ...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
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.