Nearly 100 jobs lost after firm collapses
A DUNDEE electrical contractor has gone into administration with the loss of 99 jobs.
Scottish Electric Group, based at Dundee Technology Park, is set to be wound up with Johnston Carmichael appointed as liquidators.
Many of those made redundant are apprentice electricians who still have years of their courses to complete.
According to the company’s website, it had been carrying out contract electrical work on the new Dundee train station for Balfour Beatty.
Donald McNaught, restructuring partner at Johnston Carmichael, said the business had faced financial problems which it was unable to overcome.
He added: “Unfortunately, the process has resulted in job losses and we will work with the relevant Government agencies to ensure employees are provided with the appropriate support.” The company, officially known as Vasanat International Ltd, was owned in part by Majorca-based businessman Thomas John Stodart, through his firm Azure Investments.
Stodart is being investigated by the UK Government’s Insolvency Service over his handling of Muirfield Contracts — another firm he had an investment in — which shut down in March 2015, leading to nearly 300 job losses.
Staff at Scottish Electric Group declined to comment when approached by the Tele today. Mr Stodart did not respond to requests for comment.
One apprentice, who worked for Scottish Electric Group, said he had gone into work yesterday to be told the firm had “gone bust”, and that he would receive a letter in the coming days confirming the redundancy.
The worker, who asked not to be named, told the Tele: “People were just told there was no point coming into work. There was no warning, there wasn’t anything — we were just told that the company was in liquidation and that we were being made redundant.
“I have no idea what I am going to do — I am hoping that another company will take me on and let me finish my apprenticeship.”
Balfour Beatty had not responded to a request for comment at the time of going to press, and it’s not known if the company was still involved in the rail station project immediately before its collapse.
Scottish Electric Group