Major British electrical contractor collapses into administration and all staff members made redundant
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A Glasgow-based electrical subcontractor has collapsed into administration after operating for almost two decades, with all members of staff being made redundant.BGL Contracts Limited ceased trading immediately following the appointment of joint administrators from Interpath.The company's directors said the business had been overcome by "insurmountable challenges" after struggling with rising costs and mounting financial pressures.Alistair McAlinden and Geoff Jacobs, managing directors at Interpath, have been appointed as joint administrators.
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TRENDING Stories Videos Your Say The collapse comes during a difficult period for Scottish businesses, with more than 100 companies entering insolvency during May alone.BGL Contracts specialised in electrical fit-out work, providing subcontracting services to clients across the leisure, hospitality, automotive and retail sectors.Among its projects, the company completed electrical installations at Glasgow venues including the Hard Rock Cafe.The...
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