Safeglaze

Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22.2 - Manufacture of plastic products
22.23 - Manufacture of doors and windows of plastic
132 jobs
Number of planned job losses
Job loss
Announcement Date
31 October 2018
Employment effect (start)
30 October 2018
Foreseen end date
30 October 2018

Description

Double glazing firm Safeglaze, based in Bradford, has entered administration. The company, which designed, manufactured and installed UPVC windows and doors, operated eight sites across UK. The administrators announced that the company would cease trading and that all 132 jobs would be made redundant with immediate effect. Entering administration is reported to be due to the company's inability to service its contracts as a result of over-rapid growth which suppliers were not able to service. The administrators stated that they will support employees claim what is due to them from the Redundancy Payment Service.

Citation

Eurofound (2018), Safeglaze, Bankruptcy in United Kingdom, factsheet number 95938, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95938.