RISLEY-BASED construction company Globe Management Services Ltd has gone into administration, with 60 employees made redundant.
The company, based on Trident Business Park, has closed with immediate effect, leading to the job losses.
Administrators Baker Tilly said a ‘small number’ of staff have been ‘retained in the short term’ to ‘help administrators carry out their duties’.
Parent company Aprilis Holdings Limited has also gone into administration, while group company Globe Construction Management Ltd is expected to enter voluntary liquidation.
Administrators have appointed an independent firm of quantity surveyors to assist in reviewing around 20 ongoing building projects across the north west, for a range of private and public sector clients.
Lindsey Cooper, restructuring and recovery partner at Baker Tilly, said: ‘The financial issues faced by the business were such that the directors had little choice but to place the companies into administration.
“Regrettably, we have had to make around 60 staff redundant, and our specialist employee team has been assisting them to make claims with the Redundancy Payments Office.”
Have you been affected by the closure? Call reporter Matthew Hobbs on 01925 434109, or leave your comments below.