More than 100 jobs lost after Williams Industrial Services enters administration
Over 100 workers in Mallusk have lost their jobs after their employer Williams Industrial Services went into administration.
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Around 145 people are employed by the company, which carries out environmental engineering jobs.
A spokesman for administrators PwC said the majority of the workforce had been made redundant "with immediate effect". WIS chairman John Toner said:
“Having explored all possible rescue options, it is with deep regret that the directors have had to take steps to have the company placed into administration."
The company was founded in 1983. PwC’s Stephen Cave said:
“The company ran into a number of commercial issues on some of its key contracts in recent months, culminating in contractual disputes which had a significant and adverse impact on trading cashflow.
"Despite endeavours to resolve the matters and secure a way forward, the company ran out of funds, leaving the directors facing the decision to enter administration.
"Whilst we are urgently reviewing the company’s financial and trading position, we have unfortunately had to make the majority of the workforce redundant with immediate effect."
Belfast Telegraph Digital