Deloitte LLP is now in charge of the Brighouse business and 74 of the firm’s 82 employees have been made redundant
Deloitte said: “Due to the contractual nature of the business, the administrators do not anticipate a sale of the business is possible and therefore the business unfortunately will cease trading with immediate effect, resulting in 74 of the company’s employee being made redundant.”
Joint adminstrator Adrian Berry added: “HW Architectural incurred significant losses on a large and challenging contract in 2018 and had subsequently seen delays in order intake arising from challenging market conditions.
“This combination was too much for the business to withstand, and the directors were left with no other option than to appoint administrators to the business.”
HW Architectural traces its roots back as far as 1880 and was the subject of a management buyout in 2001.
Latest results filed at Companies House show HW Architectural made a £151,000 profit on a turnover of £9.5m in 2017.