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7:30am Wednesday 8th February 2012 in Business By Chris Holland
Administrators have been unable to rescue a Keighley manufacturing firm which will now shut with the loss of about 170 jobs.
Oakworth Joinery Ltd in Royd Ings Avenue – which was the town’s second biggest private employer – went into administration last Friday following a slump in trade.
That move came a week after a deal to sell the struggling business fell through.
Workers have told of their devastation at the news.
Paul Dean, 45, from Heaton, Bradford, who has worked as a joiner for the company for 11 years, told the Telegraph & Argus last night: “All 170 workers have been made redundant at 2pm today with no notice.
“When they went into administration, we were all told to carry on as normal. The workforce feel that not enough was done to look for a buyer and to sell the business as a going concern.
“It was a very bitter meeting. People have been there 40 years and that’s all they have known. It’s like having your life destroyed. There are a lot of loyal people there and this is just devastating.
“We were told there would be no wages for last week and that we will have to recover them through the Insolvency Service.
“A lot of people felt there was a lot more that could have been done. We did put out a good product.”
A machine worker, who wanted to remain anonymous, lost his job after 25 years. He said it was “heartwrenching” with his manager in tears because he could not save his employees’ jobs.
“We were all good mates down there,” he said. “It is an awful situation to be in and I never thought it would happen.
“We have been in situations like this before but rode them out. Unfortunately not this time.
“It has been an upsetting day. We had an inkling when the wagons came to take the timber because you can’t run a business without the timber.
“Everyone is angry and upset and shocked. The manager in the machine shop was crying his heart out and it was quite upsetting to see him so upset because he had tried his hardest for us.”
But last night joint administrator John Russell, of The P&A Partnership, confirmed that attempts to save the firm had failed after a deal was unable to be struck with its main customer.
Mr Russell said: “The business has been loss making with a declining order book for some time. Unfortunately, we have been unable to secure trading terms with Oakworth’s major customer which accounted for almost 75 per cent of orders.
“It is a huge blow to the workforce – many of whom have worked for Oakworth for a number of years. We will be on site assisting staff with claim forms for redundancy payments and other entitlements. Also, we have a special website where we will post up to date information and advice for staff.”
Mr Russell and Chris White were appointed administrators of Oakworth Joinery on February 3.
Keighley MP Kris Hopkins described the firm’s closure as massively disappointing for the workers affected, their families and the town.
He said: “It is deeply regrettable that the administrators have been unable to reach an agreement to allow Oakworth to continue to trade.”
Bradford Councillor Khadim Hussain (Lab, Keighley Central) whose ward includes Oakworth Joinery, described the closure as a “huge loss”.
Oakworth Joinery was the UK’s largest independent window and was bought from Nobia Holdings UK Ltd, which also owns Magnet, in 2010 and has been manufacturing in the town since 1965. The administrators are now looking to sell Oakworth’s assets, including its equipment.
Comments(14)
Banktop
says...
8:40am Wed 8 Feb 12
localydocaly
says...
8:58am Wed 8 Feb 12
witters
says...
9:31am Wed 8 Feb 12
Wakeywakey
says...
9:43am Wed 8 Feb 12
Outraged Citizen
says...
11:54am Wed 8 Feb 12
Banktop wrote:Having a job is not the be-all and end-all of life. There is much more to life than working. Life goes on, but perhaps at a slower pace, that's all. If you lose your job you will find you have more spare time to do the things you want; spend more time with your kids/family/friends/
I feel the pain for those who lost their jobs. I don't know what i would do if i lost mine. I would be finished basically. Hope they find other work soon. Best wishes from me.
Outraged Citizen
says...
11:59am Wed 8 Feb 12
Wakeywakey wrote:There is plenty of work in Bradford in the 'black economy'. I know a man who desperately needs skilled joiners (and other trades) to do restoration/maintena
Not building houses our flats in this depression, no wonder firms like
this are going to the wall.
Bingley Lad
says...
12:17pm Wed 8 Feb 12
legallyblonde
says...
2:23pm Wed 8 Feb 12
Outraged Citizen
says...
3:15pm Wed 8 Feb 12
legallyblonde wrote:Redundancy is not always that "terrible". Personally, I've always been immensely relieved to be made redundant. They'll be able to sign-on like the rest of us. And as I have already pointed out, skilled tradesmen are always in demand, and often find some cash-in-hand work.
Terrible news for those concerned, lets hope they find something soon.
spudulike
says...
5:05pm Wed 8 Feb 12
Up with the partridge
says...
5:15pm Wed 8 Feb 12
Outraged Citizen wrote:What sort of myopic haze do you live in then. Of course what you say is true, but there again who pays the mortgage, electricity, kid clothing bills and I could go on. Joking apart this is a tragedy for those involved but you have to point the finger at the poor management. As others have said 75% of business with one customer is a disaster waiting to happen and it has. At worst you would expect the old 80/20 split ie 80% of your business from 20% of your customers.
Banktop wrote: I feel the pain for those who lost their jobs. I don't know what i would do if i lost mine. I would be finished basically. Hope they find other work soon. Best wishes from me.Having a job is not the be-all and end-all of life. There is much more to life than working. Life goes on, but perhaps at a slower pace, that's all. If you lose your job you will find you have more spare time to do the things you want; spend more time with your kids/family/friends/ partner, go for nice walks, take up an hobby, go swimming, read more books, do some charity work if you want, etc. etc.
Outraged Citizen
says...
11:46am Fri 10 Feb 12
Up with the partridge wrote:Myopic? I say that it is those who pin all their hopes on, and put all their faith in, the comforts of the material that are short-sighted. None of it matters. You are only here for a short time, you don't take any of it with you! All I am saying is relax, don't worry, have a little faith, "consider the birds in the field...". Losing your job is not the end of the world!
Outraged Citizen wrote:What sort of myopic haze do you live in then. Of course what you say is true, but there again who pays the mortgage, electricity, kid clothing bills and I could go on. Joking apart this is a tragedy for those involved but you have to point the finger at the poor management. As others have said 75% of business with one customer is a disaster waiting to happen and it has. At worst you would expect the old 80/20 split ie 80% of your business from 20% of your customers.
Banktop wrote: I feel the pain for those who lost their jobs. I don't know what i would do if i lost mine. I would be finished basically. Hope they find other work soon. Best wishes from me.Having a job is not the be-all and end-all of life. There is much more to life than working. Life goes on, but perhaps at a slower pace, that's all. If you lose your job you will find you have more spare time to do the things you want; spend more time with your kids/family/friends/ partner, go for nice walks, take up an hobby, go swimming, read more books, do some charity work if you want, etc. etc.
Seems like the loss of a good business but as I say poor management.
Outraged Citizen
says...
1:55pm Fri 10 Feb 12
Up with the partridge wrote:"...who pays the mortgage, electricity, kid clothing bills and I could go on."
Outraged Citizen wrote:What sort of myopic haze do you live in then. Of course what you say is true, but there again who pays the mortgage, electricity, kid clothing bills and I could go on. Joking apart this is a tragedy for those involved but you have to point the finger at the poor management. As others have said 75% of business with one customer is a disaster waiting to happen and it has. At worst you would expect the old 80/20 split ie 80% of your business from 20% of your customers.
Banktop wrote: I feel the pain for those who lost their jobs. I don't know what i would do if i lost mine. I would be finished basically. Hope they find other work soon. Best wishes from me.Having a job is not the be-all and end-all of life. There is much more to life than working. Life goes on, but perhaps at a slower pace, that's all. If you lose your job you will find you have more spare time to do the things you want; spend more time with your kids/family/friends/ partner, go for nice walks, take up an hobby, go swimming, read more books, do some charity work if you want, etc. etc.
Seems like the loss of a good business but as I say poor management.
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Joedavid says...
7:46am Wed 8 Feb 12
I would think in these hard times this is the problem unless you have a unique product they can't do without.
I was brought up not to have all eggs in one basket.