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UK Businesses For Sale

Hurstwood Construction enters administration
03/06/2008

The property developer, Hurstwood Construction, which is part of Haslingden-based Hurstwood Group, has gone into administration. Fifteen white-collar jobs could be lost as a result.

The decision was prompted by cash flow problems on a £10m regeneration scheme in Glossop, Derbyshire.

Last year the property developer had a turnover of £21.3m. Begbies Traynor, the insolvency practitioner, has been appointed as the administrator

It is thought that Hurstwood Group's commercial, investment, development, house building and land trading divisions will not be affected by the construction section entering into administration.

Hurstwood employs 100 people at its Rossendale base.

Hurstwood Construction has clients in the retail, leisure, industrial, commercial, vehicle retail and education sectors.

29 Aug 2008
Nestor Healthcare, the private sector healthcare provider, is looking for a buyer for all or part of...[more]
27 Aug 2008
Alcontrol, the UK-based laboratory testing services group, may go on the market.

Owner Candov...[more]
26 Aug 2008
Estate agent Foxtons and BC Partners, its private equity owner, have appointed NM Rothschild to carr...[more]
24 Aug 2008
Sources have disclosed that Deb Group, the company behind Swarfega, the popular hand cleanser produc...[more]

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