Job losses as Glasson Dock company goes into administration - Morecambe and District News

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Job losses as Glasson Dock company goes into administration

The Nicholsons plant at Glasson Dock

Published on 07/02/2013 13:21

OVER 100 staff have lost their jobs at a car parts manufacturer in Glasson Dock near Lancaster after the company went into administration.

Quinton Hazell Automotive Limited and its parent company Klarius Group went into administration on Thursday, with the loss of 117 jobs at the company’s Nicholsons Plant in Glasson Dock.

Joint administrators KPMG said that the site, and another site in Colwyn Bay, have ceased to operate.

Paul Flint, Joint Administrator and Restructuring Partner at KPMG, commented: “Despite extensively marketing the Glasson Dock and Colwyn Bay sites to potential buyers, we were unable to find a buyer and have taken the difficult decision to wind them down.

“Prolonged challenging trading conditions in the automotive parts sector impacted QH’s performance.

“This created cashflow pressures and affected QH’s ability to trade as a going concern.”

Representatives from KPMG are at the site to provide support and further information to employees in claiming redundancy payments and will be assisting the Redundancy Payments Office.

A small number of employees have been retained across these sites to assist the Administrators in the winding down process.

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Job losses as Glasson Dock company goes into administration

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