Amdega Folds on Poor Demand
Darlington's Amdega – the world's oldest conservatory manufacturer – has entered administration, resulting in the loss of almost 200 jobs.
On April 27 the company, which was established in 1874, told staff that 188 of its 197-strong workforce would be made redundant. Administrators KPMG later confirmed that Amdega had closed and said there was no prospect of selling the business after a last minute attempt to find a buyer failed.
“Amdega is a victim of the severe downturn in the big-ticket and home-related parts of the retail sector,” said KPMG's Mark Firmin.
He went on to say that the firm 'was unable to sustain the ongoing weakness in demand it was experiencing'. Amdega had approximately 300 orders on its books at the time of the administration, all of which are at risk of losing their deposits.
Staff owed unpaid wages and other payments will only receive the statutory minimum guaranteed by the law, while the company's subcontractors are also facing unpaid bills that could cost tens of thousands.
“Our key priority is to assess this situation and communicate with Amdega customers,” said Firmin. “We will be writing to them as quickly as possible, with information and guidance regarding their next steps.”
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