Jobs saved as established glazing business bought out of administration
York-based Orion Windows Limited has been bought out of administration by Orion Home Improvements Limited, saving the jobs of all 16 staff.
Established in 1989, the independently-owned company supplies conservatories, orangeries and extensions as well as high windows and doors.
It has a showroom in Clifton Moor, York, with a large display of fully finished conservatories, orangeries and solid roofs.
Phil Booth, of Booth & Co, was appointed administrator on 18 November 2022 and the sale of the business and assets was immediately completed to Orion Home Improvements, a company owned by a consortium that includes the directors of Conservatory Outlet Ltd, Orion Windows’ main manufacturer and supplier.
The administrator was advised by Alice Pratt, Estelle Oates and Joseph Young, of Leeds law firm Clarion.
Booth said: “After 30 years of successful trading, Orion Windows has been faced with a number of issues over the last couple of years; having suffered from the impact of multiple Covid lockdowns which resulted in a fall in revenue, it was then hit by the escalating costs of raw materials and energy.
“The company was marketed by Mark Rowlands of SIA Group in Leeds and a pre-packaged sale was subsequently agreed to Orion Home Improvements, securing the future of this long-established business. This deal is great news for staff, customers and suppliers.”
Alice Pratt, of Clarion, added: “Like many businesses, Orion Windows was adversely affected by the disruption of the pandemic as well as the pressure of spiralling costs, but in the hands of a new owner with significant experience in the sector, the business has a brighter future ahead.”