Mon, 23 Dec 2013 | ADMINISTRATION
The collapse of Christmas decoration maker Fuzzwire into administration has left almost 190 staff and self-employed workers without a job in the run up to Christmas.
The Bradford-based business installed decorations and lights for about 150 British shopping centres, including Liverpool One, this year. Fuzzwire had been taken into administration after suffering a steep fall in its cash position.
The appointed administrator at FRP Advisory Andrew Sheridan said the contracts have been handed over to Austrian-owned business MK Illumination. The transition will ensure the decorations can be taken down in the New Year, and could even mean the creation of new jobs for MK Illumination, which already operates across Europe.
Mr Sheridan said: “The assignment of Fuzzwire’s Contracts should ensure that safeguarding and sound management of the Christmas decoration schemes that are in place and ensure there is a smooth operational framework to facilitate their seamless removal to timetable by MK Illumination in the New Year, critical for the shopping centre customers."
The local MP Kris Hopkins said he would get in touch with government departments to see what can be done to help those who lost their jobs.
___________________________________________________________________________
Related information:
Companies in administration
This is an exciting opportunity to acquire a well-established restaurant business in a highly desirable area of Brentwood.
LEASEHOLD
This well-established UK business offers a unique opportunity to step into a leading position in its sector, benefiting from a substantial client base and strong referral rates.
This business offers a comprehensive turnkey solution in the building sector, known for its skilled workmanship, reliability, and extensive expertise in damp proofing, timber treatments, and structural waterproofing.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.