Jobs lost as engineering business ceases trading

Jobs lost as engineering business ceases trading

More than 50 jobs have been lost at a West Yorkshire fabrication and engineering business, which has ceased trading and appointed administrators.

Dewsbury-based A&J Fabtech provided a full-service from concept design to commissioning to companies in a range of sectors.

Its products included steel moulds for the concrete industry, steel chimneys and platework, bridge structures and turnkey systems for rotary treatment equipment for the water industry.

A&J Fabtech experienced severe cashflow pressures in recent months and this led it to enter administration. The business ceased to trade on 7 March 2019 and all 54 employees were made redundant.

Phil Pierce and Paul Whitwam at FRP Advisory were appointed joint administrators of A&J Fabtech Ltd on 7 March 2019.

The joint administrators are now marketing the business’ assets, including plant and machinery and its 29,000 sq ft property, for sale.

Phil Pierce, partner at FRP Advisory in Leeds, said: "A&J Fabtech had suffered severe cashflow pressures in recent months and despite further investment from the business’ shareholders earlier this year, the challenges facing the business proved too great. These included problems in relation to one particular contract and delays in relation to new contracts starting. Unfortunately, this led to the directors’ appointment of administrators and the closure of the business.

"Our priority is now to support affected employees and work closely with the Redundancy Payments Service to ensure the best possible outcome in this difficult period. In the meantime, we would urge any parties interested in acquiring the assets to contact us as soon as possible."

The Leeds team at Sanderson Weatherall is assisting FRP Advisory with the sale of the property (Neil Bestwick) and plant and machinery (Mark Rowlands).