Dorin Construction placed into administration after 30 years trading on Tyneside
Newcastle builder Dorin Construction has been placed into administration with the loss of 100 jobs.
The 30 year old business, whose subsidiaries include mechanical and electrical plumbing outfit Gilwood Mast, and machinery and equipment hire business D&K Plant Hire, was unable to refinance its debt.
Toby Underwood and Ian Green of PricewaterhouseCoopers, have been appointed joint administrators.
Dorin managing director, Richard Brown, has separately launched D&K Hire Services and re-employed some staff from D&K Plant Hire.
Dorin made a pre-tax loss of 拢287,000 in the year to 30 June 2009.
No comments yet