Longstanding Business Goes into Liquidation

A family business founded by city councillor and former mayor Walter Huggett, the company made electrical switches and other components at its premises in Twerton Mill, Lower Bristol Road.

At cessation Huggett Electrical had an annual turnover of £1.5M and employed 25 staff. After closure buyers were found for some of the business resulting in a sale of .the contract work in progress and certain assets to a Llanelli-based company, Harries Automation & Controls Limited. The freehold premises owned by the company remain to be disposed of by the liquidators.

Sue Stockley commented: “It’s always sad to see a family business disappear, particularly one as well established and widely respected as Huggett Electrical.

“The company has survived many challenges over the years but regrettably the current downturn has dealt a terminal blow.”

The business has had a presence in the city for almost 45 years. A meeting of creditors has been convened for 16 July.

Begbies Traynor is the leading business rescue, recovery and restructuring specialist in the UK.