Jobs lost after administrators shut installation firm

25 JOBS have been lost at installation company Intu-Tech after administrators were forced to close the business.

A period of challenging trading conditions “exacerbated by a significant bad debt suffered by the company during the course of 2015” were behind the administration.

The £6.5m-turnover business provided services, including structural protection thermal insulation and fire barrier installation.

Jonathan Paul Philmore, of Philmore & Co, was appointed as administrator to the company by the directors, Lee Southon and James Egan. The pair had founded the company in 2007 in Normanton.

The administrator said that it had not been possible to sell the business as a going concern and all staff have been made redundant.

Mr Philmore said: “It is regrettable that after the company built up a strong reputation across the UK with some leading construction companies, the business has been placed into administration.

“Following my appointment, our focus will be on collecting trade debts and realising assets of the business for the benefit of the company’s creditors.”

James Hillman and Tom Paton from Irwin Mitchell are advising the administrator.

Click here to sign up to receive our new South West business news...
Close