Culimeta-Saveguard administration: Business stops trading with 100 workers affected

  • 📰 MENnewsdesk
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 69%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Operations have been stopped at the company

Business restructuring partners Kerry Bailey and Lee Cause, of BDO LLP, have been appointed as joint administrators of Culimeta-Saveguard Limited. The business is based on Park Road, in

It's understood administrators were appointed last Friday and workers were informed this week. The company manufactures specialist acoustic and thermal insulation products for the automotive and industrial sectors.In a statement, BDO LLP said the business had temporarily ceased trading while administrators consider all options, and no redundancies have been made so far.

"We are exploring the possibility of trading all or part of the business as we seek a potential buyer to help safeguard as many jobs as possible.” BDO says other entities in the wider Culimeta-Saveguard group, including English Fine Cottons Limited, have not entered administration.

It's described as a 'best of both worlds' village with three brilliant pubs and lots for families tooAmad scored the winner in Man United's 4-3 win over Liverpool last weekend and that could be the turning point he's needed.

Amad scored the winner in Man United's 4-3 win over Liverpool last weekend and that could be the turning point he's needed.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 23. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Shropshire Business Festival: Have some serious fun doing business differentlyShropshire Business Festival, the free leading local B2B event, is back this April and the organisers from Shropshire Festivals expect to repeat the success of last year’s event.
مصدر: shropshirelive - 🏆 55. / 63 اقرأ أكثر »