Northants signmaker sold in pre-pack with loss of 12 jobs
A Northampton sign company has been sold in a pre-pack deal with the loss of 12 jobs and a multimillion pound trail of debt.
Hawes Signs, which had been trading for 67 years, has been sold to Hawes Retail Solutions with unsecured creditors unlikely to receive any of the £6.5m owed to them.
Hawes Signs, which was based on Moulton Park, was once one of the largest signage businesses in the UK, but appointed administrators from Leonard Curtis’s Manchester office to look after the day-to-day running of the company in mid-December after a CVA failed.
Hawes was joint owner of ECCE – a global network of sign companies and has worked for companies such as Ann Summers, Waitrose, Texaco, Toyota, Tesco and Thomas Cook.
The company was originally based in London, but moved to Northampton in 1982 and expanded its site in 1988. The firm’s original shareholders had been involved in signmaking since 1865.
