Tag Archive for: Slips

Jobs Lost As Sports Turf Contractor Slips Into Administration

Jobs lost as sports turf contractor slips into administration: The majority of the workforce has been made redundant after a 47-strong sports turf contractor with an operation in Cheshire slipped into administration.

Souters Sports entered administration on 3 November 2017, with Paul Dounis and Steve Ross of RSM Restructuring Advisory appointed joint administrators. The business provides turf for sporting venues across the UK with services including construction, reconstruction, drainage, aeration and maintenance.

Jobs Lost As Sports Turf Contractor Slips Into Administration

At the date of administration, Souters Sports had 47 employees across sites at Cumbernauld in Scotland and Knutsford in Cheshire.

RSM said that the decision to appoint administrators was made due to increased competition from artificial pitches and creditor pressure.

Dounis said: “Following a difficult trading position, measures have been taken to protect assets and maximise realisations for creditors through the administration process.

“Regrettably due to viability and the seasonality of work, we have had to make the majority of the workforce redundant and we are assisting all employees with their claims. We have however retained a small number of employees to complete certain high-profile contracts and to assist the administrators in their duties.

“The business has a strong pipeline of projects for next year and we would invite any interested parties to get in touch.”

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