Construction News

Mon June 21 2021

Related Information

Windows firm in liquidation

30 Aug 16 TFD (Scotland) Ltd, which supplied double glazing windows to trade and the housebuilding sector, ceased trading after more than 13 years on 25th August 2016 with the loss of 63 jobs.

Donald McNaught, a restructuring partner at Johnston Carmichael, has been appointed as the provisional liquidator to the East Kilbride-based firm.

The company traded as Trade Frames Direct and Dalmatian Windows

Customer difficulties in the wider construction sector were cited as factors contributing to the business failure, including the loss of a major deal following the insolvency of Muirfield Contracts in March 2015.

Donald McNaught said: “Unfortunately the business has been unable to ensure sufficient cashflow to remain viable, despite repeated efforts by the directors to improve its position and protect jobs. We are now actively seeking buyers interested in the company’s remaining stock, premises, plant and equipment.”

The liquidators are working with Partnership Action for Continuing Employment (PACE), a consortium of 22 organisations including Skills Development Scotland, to help the employees affected to find new jobs.

Got a story? Email news@theconstructionindex.co.uk

MPU

Click here to view more construction news »