BusinessBusiness RecoveryRok administrators make 711 redundancies

Rok administrators make 711 redundancies

PwC administrators Mike Jervis, Rob Hunt, Rob Lewis and Jeremy Webb, make more than 700 people redundant

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.

 

 

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