A family-run Shropshire construction business has appointed liquidators to wind up the business in its 50th year.
Newpool Construction's members and creditors have appointed Philip Ballard, of Ballard Business Recovery Limited, in Lichfield, Staffordshire, to wind up the firm.
The resolution voted on by the company's owners and creditors said:"That the company cannot, by reason of its liabilities, continue its business and that it is advisable to wind up the same and accordingly, that the company be wound up voluntarily and that Philip Ballard of Ballard Business Recovery Limited, 21a Bore Street, Lichfield, Staffordshire, WS13 6LZ be appointed as liquidator for the purposes of such voluntary winding-up.
The most up-to-date financial statements posted on the Companies House website from 2021 say Newpool Construction had 16 employees on its books. It is also understood to have used a number of sole traders.
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