Discussion in 'SMB' started by the dark one, Oct 9, 2017.
Good north east company. Always happy to engage with and work with schools ive been involved with
Mate reckons they`ve been told to report for work as normal .
They`ve been told there is a cash flow problem that they are hoping to resolve by the end of the month.
He`s been there 16years
Thats what was reported yesterday, they were booming the last couple of years but nee cash.
Surely if administrators have been called in then they are trying to sell it as a going concern?
Been on the cards for a while ..My mate was a gaffer for them and they started selling off loads of plant machinery and then hiring plant in a couple of years ago
That is one of the most ridiculous job titles going at the minute... It's Salesman/woman/person. What does it actually mean?
Haven't got a clue but he was on a good old wage.
Seen it time and time again, a successful family ran set up gets bought out, branch out and it goes to rat shit.It was set up in the 1940s and ran very well by the Pugh family.Sold it a few year back and bang,gone.
gone now. 250 jobs down the pan.
Someone I worked with left to become their BDM a couple of years ago so must have been just after your mate left, sad to see they're in trouble, place I work has used them on a few contracts and they've always been canny
Really enjoyed working for them, but they couldnt offer me full term contract at the time.
Some really decent lads work there and its a real shame for all of them
You don't work for Bardon by any chance.
No mate, work for a main contractor
just a standard business model these days. companies dont want depreciating assets on their books, especially ones that need maintaining.
they will hire in any 'service' when needed, and that includes people.
Want to think yourself lucky you aren’t with Carillion today....
Hinkley Point C as well - both main contractors haven’t been paid a penny yet and are aiming for ‘J Zero’ which is payment date - summer 2018
Spending £24m a week since it started and paid four fifths if fuck all yet - deep pockets?
Was he called Steve?
Been on the cards a while now tbf, should have stuck to what they were good at but that's easier said than done.
Quite a few good people left last year when I used to deal with them, gutted for the ones still there and hope they get sorted.
What does that mean?
it means the main contractor isnt getting a penny until next summer.
Is the correct answer
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