Roofing specialist Donaldson & McConnell fails
Published: 07 June, 2011
BO'NESS: Specialist roofing contractor Donaldson & McConnell is in administration with the loss of 102 jobs just months after embarking on an expansion programme.
Administrator KPMG hopes to sell parts of the business and complete a number of contracts. Donaldson & McConnell has branches in Bo'ness Scotland, Northern Ireland and the West Midlands specialising in the design and installation of timber and glulam roofs. It opened a fourth branch near Canterbury six months ago and was planning another in Manchester before its failure.
Blair Nimmo, head of restructuring for KPMG in Scotland, said: "In common with many companies that supply the construction sector, Donaldson & McConnell has experienced very challenging conditions in recent times, with the reduction in construction activity reducing demand for the groups products.
"The directors have made considerable efforts to reduce the cost base, but unfortunately cost cutting measures were insufficient to stem trading losses and cash flow pressures.
"We have started to assess the group's customer contracts with the intention of completing certain works and seeking offers for some of the groups contracts.