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Scots building firm collapses & ALL jobs axed due to housing development delay

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ALL MEMBERS of staff have been made redundant after a Scottish building firm went into administration.

The workers of J S Crawford Contracts are set to lose their jobs after the long-established firm announced its collapse.

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All 23 workers are set to lose their jobsCredit: Alamy

The family-owned firm, based in Melrose in the Borders, confirmed that 23 jobs will be lost after it faced financial challenges.

The business, which has been operating for more than 70 years, specialises in residential house building.

And bosses revealed that challenges on a construction contract led to the firm experiencing financial pressures.

A delay in the completion of the firm’s West Grove project has caused major cashflow issues.

Skyrocketing cost inflation and “unsustainable interest charges” have resulted in a “significant loss” on the project.

Directors have now made the decision to appoint liquidators and cease trading after trying to explore all options available.

Michael Crawford, director of J S Crawford, told Insider: “This is something I had been desperately trying to avoid, and had hoped that the company could trade out, but unfortunately, the necessary backing from suppliers and funders was not there.

“The failure of my business is due in the main to the delay in completion of the West Grove project.

“Over the past year additional and unsustainable interest charges combined with rampant cost inflation has resulted in a significant loss on the project.

“The shareholder had been supporting the business, but these efforts were ultimately in vain, and so the only option remaining was to liquidate the company.”

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Alistair McAlinden, head of Interpath Advisory in Scotland and joint provisional liquidator, said: “It is sad to see this well-established, family-owned business enter into liquidation.

“Persistent strong headwinds, including cost inflation, tight margins and labour shortages, are continuing to impact companies across the housebuilding and wider construction industry and unfortunately, in the case of J S Crawford, they were too difficult to overcome.

“We will endeavour to provide any and all support to those workers impacted by redundancy during this difficult time.”

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