A total of 17 staff have been made redundant following the collapse of an Isle of Wight glazing firm, it has been confirmed.
‘Cashflow difficulties’, exacerbated by the COVID pandemic, are being blamed for Glazing the Island entering liquidation.
As previously reported, the company has ceased trading with immediate effect.
Advisory firm Quantuma was appointed to oversee the liquidation process earlier this month.
Quantuma managing director and joint liquidator Kelly Mitchell said: “It is deeply regrettable that Glazing The Island has been forced to cease trading, due to a series of challenging circumstances.
“This was a sad ending for an established company.
“As joint liquidators, our immediate priorities have been to provide appropriate…
