ADMINISTRATORS FROM PWC have announced 711 redundancies at building company Rok.
The troubled company entered administration after difficulties meeting financial obligations.
Mike Jervis, Rob Hunt, Rob Lewis and Jeremy Webb were appointed joint administrators of Rok Plc and Rok Building Limited on 8 November 2010.
Jervis said the redundancies were necessary for economic reasons where there has been little or no interest in the business from prospective purchasers or where there was “insufficient” work for staff to carry out.
There have been 82 redundancies in the construction division, 69 in Scotland’s plumbing, heating, and electrical business, 558 in the maintenance and improvements sector and two at Rok’s head office.
Jervis confirmed there has been more than 100 “expressions of interest” from businesses and the administrators were currently compiling a shortlist of bidders.
The joint administrators have set up an employee relations helpline and confirm the rest of the workforce will continue to be paid.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children