04/12/2012
147 Jobs Lost In Patton Fallout
147 jobs have been lost as another Northern Irish construction firm suffers from the Patton Group fall-out.
Dunloy-based Joseph Hughes Group, a sub-contractor with Patton, has been placed into the hands of administrators.
Its position was said to be "untenable" due to the Patton Group collapse.
Companies caught up in the job losses include Joseph Hughes Painting Contractors Limited and JH Industrial Cleaning Services Limited.
Over 250 jobs were lost earlier this month at Ballymena-based Patton Group after the company went into administration.
Commenting on the move at Joseph Hughes, Joint Administrator Stephen Cave said the group had "suffered growing cash flow difficulties" in the contracting marketplace.
"A company voluntary arrangement was already in place, but the collapse of Patton has made the group's position untenable and it can no longer continue to trade," he said.
"We regret that we have this morning advised the workforce that all 147 staff will be made redundant with immediate effect.
"We are conscious of the impact this will have on staff and their families and have been in touch with DETI (the Department of Enterprise, Trade and Investment) and DEL (the Department for Employment and Learning) to see if redundancy payments can be made as soon as possible.
"This is another severe blow to the construction sector and is particularly difficult for the workforce so close to Christmas."
Joseph Hughes was established in 1977 and is based in Dunloy with offices in Belfast.
The job losses at Patton followed financial problems at the company. The company had employed about 320 people before it went into administration. Patton should have been celebrating its centenary this year.
Patton had a turnover of about £140m last year but posted a £7m loss. Subcontractors have lost money due to unpaid invoices and a loss of future work opportunities.
(IT)
Dunloy-based Joseph Hughes Group, a sub-contractor with Patton, has been placed into the hands of administrators.
Its position was said to be "untenable" due to the Patton Group collapse.
Companies caught up in the job losses include Joseph Hughes Painting Contractors Limited and JH Industrial Cleaning Services Limited.
Over 250 jobs were lost earlier this month at Ballymena-based Patton Group after the company went into administration.
Commenting on the move at Joseph Hughes, Joint Administrator Stephen Cave said the group had "suffered growing cash flow difficulties" in the contracting marketplace.
"A company voluntary arrangement was already in place, but the collapse of Patton has made the group's position untenable and it can no longer continue to trade," he said.
"We regret that we have this morning advised the workforce that all 147 staff will be made redundant with immediate effect.
"We are conscious of the impact this will have on staff and their families and have been in touch with DETI (the Department of Enterprise, Trade and Investment) and DEL (the Department for Employment and Learning) to see if redundancy payments can be made as soon as possible.
"This is another severe blow to the construction sector and is particularly difficult for the workforce so close to Christmas."
Joseph Hughes was established in 1977 and is based in Dunloy with offices in Belfast.
The job losses at Patton followed financial problems at the company. The company had employed about 320 people before it went into administration. Patton should have been celebrating its centenary this year.
Patton had a turnover of about £140m last year but posted a £7m loss. Subcontractors have lost money due to unpaid invoices and a loss of future work opportunities.
(IT)
Related Northern Ireland News Stories
Click here for the latest headlines.
21 August 2012
Patton Group Posts 2011 Losses Of £7m
One of Northern Ireland's leading construction firms has reported a pre-tax loss of more than £7m in 2011, the BBC has reported. Ballymena-based Patton Group said it was "an improving year" in "a very difficult trading environment" after the company suffered a £10m loss in 2010.
Patton Group Posts 2011 Losses Of £7m
One of Northern Ireland's leading construction firms has reported a pre-tax loss of more than £7m in 2011, the BBC has reported. Ballymena-based Patton Group said it was "an improving year" in "a very difficult trading environment" after the company suffered a £10m loss in 2010.
16 November 2012
Invest NI Cannot Compensate Patton Subcontractors
Invest Northern Ireland has said they are unable to offer compensation to subcontractors owed money by the ailing construction firm Patton Group. The company is facing difficulties after it was placed into the hands of administrators last week. 190 staff at Patton's in Ballymena have been laid off.
Invest NI Cannot Compensate Patton Subcontractors
Invest Northern Ireland has said they are unable to offer compensation to subcontractors owed money by the ailing construction firm Patton Group. The company is facing difficulties after it was placed into the hands of administrators last week. 190 staff at Patton's in Ballymena have been laid off.
08 February 2013
Patton Group Headquarters For Sale
County Antrim-based construction group Patton has had its former headquarters put up for sale for £800,000. Patton’s administrator has put the building on sale following the firm’s collapse in November 2012, which cost creditors over £60m. Patton’s headquarters were situated at the Woodside industrial estate on the outskirts of Ballymena.
Patton Group Headquarters For Sale
County Antrim-based construction group Patton has had its former headquarters put up for sale for £800,000. Patton’s administrator has put the building on sale following the firm’s collapse in November 2012, which cost creditors over £60m. Patton’s headquarters were situated at the Woodside industrial estate on the outskirts of Ballymena.
23 November 2012
Patton Group Confirms 54 Redundancies
54 redundancies are to be made at construction firm Patton Group it has been confirmed. The administrator Tom Keenan of Keenan CF said in a statement: "A significant number of customers have terminated contracts resulting in a sharp decline in activity levels. The company's trading position will continue to be reviewed.
Patton Group Confirms 54 Redundancies
54 redundancies are to be made at construction firm Patton Group it has been confirmed. The administrator Tom Keenan of Keenan CF said in a statement: "A significant number of customers have terminated contracts resulting in a sharp decline in activity levels. The company's trading position will continue to be reviewed.
28 June 2010
Patton Group Wins Major Accolade
The Patton Group were among the high-profile organisations that scooped gongs at the recent Irish News Workplace & Employment Awards in Belfast.
Patton Group Wins Major Accolade
The Patton Group were among the high-profile organisations that scooped gongs at the recent Irish News Workplace & Employment Awards in Belfast.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.