Failure of windows supplier results in 44 job losses



A Stirling-based window and soft furnishings group has gone into liquidation with the loss of 44 jobs.
Although Guardian Systems was trading strongly at the start of the year with a turnover close to £1.5 million, it suffered a fall in orders over the summer that led to major cash flow problems and unsustainable losses,
Sister company Guardian Soft Furnishings, which supplied hotels and commercial premises, has also been placed in liquidation.
READ MORE: Windows supplier TFD goes bust with 63 jobs lost
Derek Forsyth, head of restructuring and insolvency with accountants Campbell Dallas,... read more

 
18 October 2016 in Business, Views: 52
Source: Scotsman
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