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Hunter & Clark add to growing list of recession casualties

Hunter & Clark add to growing list of recession casualties

June 21 2010

Elizabeth G Mackay and Fraser J Gray of Zolfo Cooper have been appointed as joint administrators to Hunter & Clark Ltd, one of Scotland’s largest public works and masonry contractors.

They will manage the business affairs and properties of the company after all 168 staff of the firm were told they were being made redundant with immediate effect.

In a statement Zolfo Cooper attribute Hunter & Clark’s demise to “severe cash flow difficulties within a tough trading environment”. A period of assessment will now follow as administrators undertake to honour outstanding contracts by offering these to potential bidders.

The Glasgow based firm leave behind numerous unfinished projects including Rosslyn Chapel in Midlothian where repairs have been halted and the Stewart Memorial Fountain in Kelvingrove Park, forcing the council to step in and finish repair work.

The news follows Watson Construction Groups earlier fall into receivership which saw Scottish Natural Stone, Watson Construction Ltd and Watson Stonecraft all cease trading owing to: “economic conditions and a lack of funding.”

4 Comments

#1 Posted by Adrian on 22 Jun 2010 at 08:32 AM

they also had the page/park project on Clyde Street as well as their Rosslyn Chapel job

add the Chard Construction (also gone pop) job in Govan and i think its time to dig out the lucky white heather guys ?

#2 Posted by Nesbit on 14 Aug 2010 at 11:31 AM

What a shame!... H & C gave so much to the masonry trade....a tribute to previous employees.
Adrian... you could stick your lucky white heather where the sun don't shine mate, RBs