Around 70 jobs have been lost after a Yorkshire manufacturing business which was founded in the early 1990s went into administration. Andrew Mackenzie and Louise Longley of Begbies Traynor were appointed as joint administrators of SH Structures Limited on April 4. Based in Sherburn-in-Elmet, the business designed, manufactured and installed complex steel structures. It was established more than 30 years ago and employed approximately 70 staff.
In a statement, the administrators said: “SH Structures suffered from losses on various contracts and a gap in production scheduling due to projects being delayed. “Despite the multi-award winning company's strong reputation, it has not proved possible to find a purchaser for the business. SH Structures will cease trading with the loss of all jobs.”
In a statement, the administrators said: “SH Structures suffered from losses on various contracts and a gap in production scheduling due to projects being delayed. “Despite the multi-award winning company's strong reputation, it has not proved possible to find a purchaser for the business. SH Structures will cease trading with the loss of all jobs.”
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NewsTranscript
00:00 Hello, my name is Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.
00:06 I bring you some breaking business news.
00:09 Around 70 jobs have been lost after an award-winning Yorkshire manufacturing business went into administration.
00:17 Andrew McKenzie and Louise Longley of Begbie's Trainer were appointed as joint administrators of SH Structures Ltd on April 4th.
00:26 Based in Sherbourne and Elmott, the business designed, manufactured and installed complex steel structures.
00:34 It was established more than 30 years ago and employed approximately 70 staff.
00:39 In a statement, the administrators said,
00:43 "SH Structures suffered from losses on various contracts and a gap in production scheduling due to projects being delayed.
00:50 Despite the award-winning company's strong reputation, it has not proved possible to find a purchaser for the business.
00:57 SH Structures will cease trading with the loss of all jobs."
01:02 So some bleak news to bring you.
01:04 70 jobs have been lost after a famous Yorkshire manufacturing business went into administration.
01:10 My name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.