Omar Homes

Type
Bankruptcy
Country
United Kingdom
Region
East (England); Suffolk; West Suffolk
Location of affected unit(s)
Brandon
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
160 jobs
Number of planned job losses
Job loss
Announcement Date
3 March 2009
Employment effect (start)
3 March 2009
Foreseen end date
3 March 2009

Description

Omar Homes, a manufacturer of holiday homes, has gone into administration in Brandon in Suffolk with the immediate loss of 160 jobs. 40 of the 200 staff will remain at the company as they attempt to find a buyer. The company has gone into administration as it has been unable to meet the demands of its creditors.

Sources

  • 3 March 2009: BBC News

Citation

Eurofound (2009), Omar Homes, Bankruptcy in United Kingdom, factsheet number 68450, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68450.