Black Horse Group

Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Cricklade (Wiltshire, England), Rogiet (Wales), Wellington (Somerset, England)
Sector
Construction
41 - Construction of residential and non-residential buildings
41 - Construction of residential and non-residential buildings
41 - Construction of residential and non-residential buildings
180 - 220 jobs
Number of planned job losses
Job loss
Announcement Date
31 December 2011
Employment effect (start)
Foreseen end date
31 December 2011

Description

Construction firm Black Horse Group went into administration with the loss of 180 jobs, and the anticipated loss of a further 40. Staff was given the news on 19th December and the company is expected to cease trading on 31st December.

The closure is attributed to tightening economic conditions.

Sources

  • 31 December 2011: Wilts and Gloucestershire Standard

Citation

Eurofound (2011), Black Horse Group, Bankruptcy in United Kingdom, factsheet number 72931, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72931.