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Bourne (BG) Limited in Administration
19 February 2010
Julie Palmer and John Kelly have been appointed administrators of Bourne (BG) Limited, the mechanical and electrical building services provider which has been part of the Poole business community for over 20 years.
Begbies Traynor, the Bournemouth-based corporate rescue, recovery and restructuring experts, were brought in after the 11m turnover company ran into financial difficulties in the wake of the recession’s harsh impact on the construction industry.
Over half of the workforce has been made redundant.
Bourne (BG) Limited has a broad client base working for clients including the NHS, Ministry of Defence, housing associations and construction companies.
Julie Palmer said: ‘As Administrator I have a duty to maximise returns to creditors and will be speaking to interested parties to see if any parts of the business can be sold.”
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