I wonder how many of the 150 odd staff at a tool makers will feel tonight as unfortunately I had no options left and refused to extend their loans and they cannot pay wages?
Administrators have been appointed but tbh there is not a lot of hope.
One of the best in their field. Were expensive but customers from Europe used to buy their products because they were good.
At a trade show recently customers explained that they couldn't buy their products because they couldn't guarantee next day delivery if the UK is outside the EU and their factory lines shut down without the tools.
After 3 years of Govt faffing (from all sides), this company has just ran out of sales and money.
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