All employees of a decades-old firm have been made redundant after it fell into administration, marking the end of more than 40 years in business. Metalworking firm JPen, which had traded from Quarry Hill Industrial Park in Ilkeston, appointed liquidators on September 19.
The bust firm owes around £11,526 to employees in arrears and holiday pay, according to documents submitted by administrators to Companies House. Its administrators outlined there were also non-preferential claims from trade creditors of £142,216, 15 former staff claims totalling £201,629, a HMRC claim for £22,020 and a claim for £108,640 from a landlord.
A spokesperson for Begbies Traynor said:“JPEN John Patrik Engineering Limited, a company incorporated in July 2011, has ceased trading and entered into creditors voluntary liquidation on 19 September 2024. Craig J. Povey and Richard H. Toone of Begbies Traynor have been appointed as joint liquidators.