Staff were told the bad news today and the move leaves a handful of workers from R&D’s original payroll of 220.
Joint administrator Andrew Davison said: “Constructive discussions have taken place with the company’s key customer, but it has become clear there are a number of significant issues to be addressed before a transfer of contract can be pursued.
“This process is likely to take weeks rather than days, and, mindful of the uncertainty already facing staff, we believe it is both untenable and unfair to keep them in what would essentially be a limbo situation. All those leaving today do so with our utmost sympathies.”
“We are organising employment workshops at each site where we will help staff file claims for wage arrears, redundancy money and any benefits they are entitled to.
“This will involve a Partnership Action for Continuing Employment (PACE) team, offering one-to-one counselling and advice on retraining and employment opportunities. Further details, including dates, will be posted on the company’s website”
A small number of staff have been retained on a short-term basis to assist the administrators.
R&D Construction Limited was placed in administration as a result of a downturn in the private housing market, the effects of which were further exacerbated by the inclement conditions experienced during winter.