25 jobs lost as West Yorkshire’s Intu-Tech appoints administrator
West Yorkshire-based installer of fire protection systems, Intu-Tech Ltd, has been placed into administration.
The company was established in 2007 by directors Lee Southon and James Egan, who have appointed Jonathan Paul Philmore of Philmore & Co as the administrator.
This announcement follows a period of challenging trading conditions exacerbated by a significant bad debt suffered by Intu-Tech during the course of 2015.
Intu-Tech provided a range of services including structural protection, thermal insulation and the installation of fire barriers.
With turnover in the region of £6.5m in 2015, the company employed approximately 25 people, all of whom have been made redundant.
Jonathan Paul Philmore of Philmore & Co, said: “It is regrettable that after the company built up a strong reputation across the UK with some leading construction companies, the business has been placed into Administration.
“Following my appointment, our focus will be on collecting trade debts and realising assets of the business for the benefit of the company’s creditors.”
James Hillman and Tom Paton from Irwin Mitchell are advising the Administrator.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment