The long-established electrical mechanical contracting firm DH Fathers Limited, based in Nottingham, has been placed into administration.
John Kelly and Nigel Price, of Begbies Traynor’s Midlands office, have been appointed joint administrators. Mr Kelly said: “The company had survived the worst of the recession but the loss and delay of major contracts left them with no alternative but to seek the protection of an administration order.”
The company employed over 60 staff and all but a small team to assist the administrators have been made redundant.
The administrators were appointed on June 22 through Real Business Rescue - part of Begbies Traynor Group.
Mark is a partner in the Birmingham and Cheltenham offices. He is a Chartered Certified Accountant and also a Licensed Insolvency Practitioner. He joined the company in 2005 and has over 10 years restructuring and insolvency experience. He advises directors and management teams across a wide range of sectors.