The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.29 - Manufacture of other general-purpose machinery n.e.c.
145 jobs Number of planned job losses
Announcement Date
6 February 2018
Employment effect (start)
6 February 2018
Foreseen end date
6 February 2018
Description
Engineering company Williams Industrial Services has entered administration which has resulted in 145 employees being made redundant with immediate effect. The company which specialises in technology for water treatment, was founded in Mallusk, Northern Ireland in 1983. According to the reports, the company ran out of funds following contractual disputes and the administrators had no choice but to make the vast majority of the workforce redundant with immediate effect. A subsidiary company which employs 15 people is also expected to go into liquidation.
Sources
6 February 2018: ITV News
7 February 2018: BBC Website
Citation
Eurofound (2018), Williams Industrial Services, Bankruptcy in United Kingdom, factsheet number 93379, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93379.
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