So­cial Bite homes builder col­lapses

The Courier & Advertiser (Fife Edition) - - BUSINESS -

An in­no­va­tive Scot­tish man­u­fac­turer of pre-fab­ri­cated tim­ber build­ings has col­lapsed into ad­min­is­tra­tion.

In­ver­gor­don-based CLDB, which traded as Caron Dy­namic, was set up to de­sign and build low-en­ergy, adapt­able mod­u­lar homes.

The group’s de­signs were cho­sen last year for the now com­pleted 11-home So­cial Bite Home­less Vil­lage in Ed­in­burgh.

So­cial Bite’s fundrais­ing Sleep in the Park 2018 event takes place in cities across Scot­land tonight.

The plug was pulled af­ter the firm found it­self fac­ing cash­flow dif­fi­cul­ties as it neared com­ple­tion of a ma­jor 78-mod­ule pro­ject.

Forty of the group’s 42 staff have been made re­dun­dant.

The two re­main­ing em­ploy­ees will as­sist the ad­min­is­tra­tors as they seek a buyer for the firm.

Joint ad­min­is­tra­tor Blair Nimmo said: “We will be work­ing with all af­fected em­ploy­ees and the rel­e­vant gov­ern­ment agen­cies to en­sure a full range of sup­port is avail­able.

“We are rapidly ex­plor­ing the pos­si­bil­ity of se­cur­ing a sale of the com­pany’s busi­ness and as­sets and would en­cour­age any in­ter­ested par­ties to con­tact us as soon as pos­si­ble.”

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