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Safestyle Windows Goes Bankrupt
Safestyle UK: Nearly 700 jobs lost as glazing firm with huge Barnsley factory goes into administration.
On Monday, October 30, 2023 it was confirmed that Safestyle Windows has ceased trading and been placed into administration.
Safestyle UK is headquartered in Bradford but has a large manufacturing facility in Wombwell, Barnsley, and a network of 42 sales branches and installation depots across the UK.
Staff were apparantly told on Friday, October 27, that they no longer had a job, as the company announced its intention to call in the administrators and suspended trading in its shares.
A recent statement confirmed that
“Unfortunately, despite interest being shown by a number of parties, a solvent solution was unable to be found, and the directors took the difficult decision to seek the appointment of administrators.
“The Company directly employees circa 750 employees. Regrettably, with trading ceasing upon the appointment of the joint administrators, the majority of staff have been made redundant. Circa 70 members of staff have been retained by the administrators in the short term to assist with an orderly wind-down of the business.”