57 jobs lost as 150-year-old South Yorkshire building firm closes
A South Yorkshire building and contracting company, which is over 150-years-old, has ended operations with all 57 staff being made redundant.
Based in Swinton, Mexborough, George Hurst & Sons was founded in 1860.
The £13m turnover company, which underwent a management buyout in 2008, developed from carrying out plumbing and sanitary engineering services to full building and contracting work.
On 13th April 2017, Joanne Hammond and Gareth Rusling of Begbies Traynor’s Sheffield office were appointed as joint administrators of George Hurst & Sons Ltd.
The company offered a range of services from build-only to design and build of new buildings, refurbishment, extensions and external works.
It specialised in work for local authorities, health services and schools including projects for Sheffield Primary Care Trust, Barnsley Hospital and Humberside and West Yorkshire Police.
Joint administrator Joanne Hammond said: “Despite a heritage of more than 150 years, this business failed as the result of losses on three large contracts over the last six months and, unfortunately, there was insufficient work in the pipeline for the company to remain viable and enable it to continue trading.
“It is very sad to see the demise of such a long-established business and the loss of jobs, but we will be working hard to realise its assets on behalf of the creditors.”
George Hurst & Sons’ assets are being marketed for sale by Eddisons.
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.
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
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome