markus
Well-known member
administrators in.
gone tits up
gone tits up
mcnultys
- Thread starter markus
- Start date
andyf8686
Well-known member
Hopefully that will see the end of milburns as well !! The yard will get taken over and hopefully proper management in to run it instead of the bent **** that have fuucked it
markus
Well-known member
could be good a good yard if like you say it was ran properly
Dass
Well-known member
Have to say I'd heard rumours of it possibly going t1ts up about 3 months ago.
Shame but hopefully it'll give them a chance to start afresh
Shame but hopefully it'll give them a chance to start afresh
TEESSIDE SCAFFOLDER
Well-known member
McNulty Offshore in administration with loss of 100 jobs in South ShieldsBy Karen DentFeb 28 2012
MCNULTY Offshore has gone into administration with the immediate loss of 100 jobs in South Shields.
The offshore oil and gas contractor, as well as its subsidiaries McNulty Offshore Construction Ltd and Consafe Engineering Services, ran into trouble because of the economic climate and the effects on the supply chain.
The administration is being handled by KPMG, which said as the company could not trade, it had no option but to announce the job losses.
In South Shields, 32 staff have been retained to help the administrators but there have been no job losses yet among its 34 staff in Aberdeen.
Mark Firmin, joint administrator with Howard Smith, said: “While this business has struggled with tightening global trading conditions for some time, it has a long history of delivering successful projects.
“This, teamed with its prime freehold Tyneside location, give us reasons to consider it an attractive acquisition opportunity. Therefore we are marketing the business and are hopeful of securing a sale.”
Read More McNulty Offshore in administration with loss of 100 jobs in South Shields - Chronicle News - News - ChronicleLive
MCNULTY Offshore has gone into administration with the immediate loss of 100 jobs in South Shields.
The offshore oil and gas contractor, as well as its subsidiaries McNulty Offshore Construction Ltd and Consafe Engineering Services, ran into trouble because of the economic climate and the effects on the supply chain.
The administration is being handled by KPMG, which said as the company could not trade, it had no option but to announce the job losses.
In South Shields, 32 staff have been retained to help the administrators but there have been no job losses yet among its 34 staff in Aberdeen.
Mark Firmin, joint administrator with Howard Smith, said: “While this business has struggled with tightening global trading conditions for some time, it has a long history of delivering successful projects.
“This, teamed with its prime freehold Tyneside location, give us reasons to consider it an attractive acquisition opportunity. Therefore we are marketing the business and are hopeful of securing a sale.”
Read More McNulty Offshore in administration with loss of 100 jobs in South Shields - Chronicle News - News - ChronicleLive
andyf8686
Well-known member
Notice the words "freehold"
That is like saying you can build houses on here no problem !!!! *******
That is like saying you can build houses on here no problem !!!! *******
TEESSIDE SCAFFOLDER
Well-known member
apartments river location