BGL Contracts Limited ceased trading and fell into the hands of administrators, citing “insurmountable challenges,” resulting in the loss of 40 jobs, according to The Herald.
BGL Contracts Limited had specialised in sub-contract work and provided electrical fit-out to clients across several sectors, including leisure, hospitality, automotive and retail.
Alistair McAlinden and Geoff Jacobs, of Interpath, have been appointed joint administrators of the firm.
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Administrators noted that the business had operated in a “highly competitive market,” adding that in recent months the company had struggled to “overcome financial…