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 Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.23 - Manufacture Of Builders Ware Of Plastic
132 jobs Number of planned job losses
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.
Sources
Citation
Eurofound (2018), Safeglaze, Bankruptcy in United Kingdom, factsheet number 95938, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95938.
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