White Building Services in administration

A 50-year-old construction firm, based in Newton-le-Willows, has been placed into administration with the loss of almost 200 jobs.

Dermot Power and Tracey Pye, from the Manchester office of accountancy firm BDO, were appointed joint administrators to White Building Services on January 7.

The administrators said they are currently negotiating with potential acquirers for the business but added that all 181 employees had been made redundant following a review of the business.

Tracey Pye, business restructuring partner, said: “It is unfortunate that the economic climate and difficult trading conditions have significantly affected the construction industry. We are in talks with interested parties in an attempt to sell the business and preserve value.”