Around 100 jobs go after loss-making firm calls in KPMG
Administrators for collapsed Cheshire construction and property firm Cruden Group have said covid-19 helped send the firm under after more than 50 years in business.
The Warrington-based company called in KPMG last week with 100 of the firm’s 126 staff immediately made redundant after discussions to sell the £54m business fell through.
Howard Smith and David Costley-Wood were appointed joint administrators of Cruden Group and subsidiaries Cruden Construction and Cruden Property Services on Friday.
KPMG said: “Following losses on a number of contracts and additional costs caused by the covid-19 pandemic, due to contract delays, the directors took the difficult decision to place the company into administration.
“Regrettably, upon appointment the administrators made circa 100 employees redundant, with the remaining staff bein