Chris Williams and Andrew McTear from McTear Williams & Wood, the region’s largest business rescue and insolvency practice, were appointed Joint Administrators for DGT Structures Limited, a construction contractor specialising in the manufacture and supply of structural steelwork based at Lenwade near Norwich on Friday 21 February 2014.
Joint Administrator, Chris Williams remarked: “We can confirm that a number of DGT contracts are currently being completed which will improve the position for creditors, and that 29 staff have been retained to assist with this process. Unfortunately, 90 DGT staff have had to be made redundant. The Administrators arranged for all weekly wages to be paid on Friday 21 February 2014.”
Chris Williams went on to say: “Anyone interested in all or part of the business should contact us immediately on 01603 877540. We already know of a number of interested parties and will be talking to them straight away with the aim of agreeing a sale of DGT’s business and assets shortly.”
25 February 2014