Deejak and Rushden collapse
Published: 21 April, 2011
NORTHAMPTON: Building group Deejak, which includes builders' merchant Rushden, has gone into administration.
Insolvency specialist Begbies Traynor was called in last Friday to take control of Deejak Construction, Deejak Builders (Rushden) and Rushden Builders' Merchants.
Up to 80 staff have lost their jobs with a handful being kept on to help with finalisation of accounts.
Deejak chairman 69-year-old Derek Titmuss established the business in 1972, which grew to undertake projects of up to £8m in size.
Administrators are also looking to replace a handful of ongoing contracts, including one for a £1.3m sports complex for Duston council.
Deejak Properties, which has substantial interests in the Rushden area, is unaffected and continues to trade.
Joint administrator John Kelly said that Deejak had failed because of lack of work and difficulty in getting paid.