The Press and Journal (Inverness) - - BUSINESS -

North Elec­tri­cal Ser­vices (NES) is plan­ning a ma­jor ex­pan­sion of Scot­tish op­er­a­tions in a move ex­pected to cre­ate nearly 200 jobs over the next five years.

The Mo­ray-based firm has more than quadru­pled its per­ma­nent work­force across op­er­a­tions in El­gin and In­ver­ness to 60 since setting up in 2012, while it also pro­vides work for the ex­ist­ing work­force and seek new projects.”

NES’s ser­vices in­clude in­dus­trial and com­mer­cial elec­tri­cal in­stal­la­tion and main­te­nance, as well as con­trol and in­stru­men­ta­tion work, elec­tric motor re­pairs and a va­ri­ety of other projects at schools, of­fices, com­mer­cial premises, dis­til­leries and fish pro­cess­ing plants.

The firm has taken on three ad­min­is­tra­tion staff, an es­ti­ma­tor and four new ap­pren­tice elec­tri­cians this year. It now has 15 ap­pren­tices on its books.

In­ver­ness, Nairn, Bade­noch and Strath­spey MP Drew Hendry said: “NES is a great suc­cess story, grow­ing from a small com­pany to one with 60 em­ploy­ees and with am­bi­tious plans to de­velop sig­nif­i­cantly in the next five years.

“The fact growth has been driven by a de­sire to cre­ate op­por­tu­ni­ties for young peo­ple ... makes the achieved and planned progress even more com­mend­able.” 31 at Westhill and 19 in Fife.

FRP Ad­vi­sory, which will be mar­ket­ing the as­sets for sale, blamed ris­ing costs and fall­ing mar­gins, lead­ing to unsustainable cash flow is­sues.

Mr Fraser added: “Un­for­tu­nately, the fi­nan­cial is­sues fac­ing the com­pany could not be re­solved and ad­min­is­tra­tion was the only op­tion.

“We will work closely with all agen­cies such as the Re­dun­dancy Pay­ments Of­fice to en­sure em­ploy­ees re­ceive every sup­port and as­sis­tance at this very dif­fi­cult time.”

Founded in 2003, XBS worked with clients in­clud­ing Trump In­ter­na­tional Golf Links, Net­work Rail, St An­drews Uni­ver­sity and Wil­liam Grant and Sons.

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