Nearly 100 jobs lost after firm col­lapses

Evening Telegraph (Late Extra Edition) - - PUZZLES - BY JON BRADY AND ADAM HILL

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

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