Jobs lost as Yeovil-based building contractors go into administration


Multiple jobs at two Yeovil-based building contractors could be lost as the companies went into administration due to cashflow difficulties, a recent news report in the local media has been able to reveal.
 
Together, Brookvale Homes (SW) Ltd and Avalon Estates Ltd employ about 51 staff and have contracts with several local housing associations.
 
Gilbert Lemon and Paul Wood, from accountancy and investment management group Smith & Williamson, have been appointed as joint administrators of the companies, with effect from 8 May.
 
The administrators said: "Brookvale Homes (SW) Ltd and Avalon Estates Ltd, a linked business, ran into cashflow difficulties and we were called in by the directors once it became clear that the trading situation was unviable.
 
"We are working on a rescue package for the businesses and are doing our very best to resolve matters for the benefit of all concerned. However, the businesses have suffered financial and cash flow set-backs creating the current problems."
 
Any restructuring and operations’ streamlining processes are never good for employees and the respective companies’ HR departments, but Time & Attendance South West can help firms navigate easier through these troubled times.
 
Our systems are user-friendly, innovative and designed for the working environment. They also offer a wide array of features, such as support for contactless smart cards (which would really come in handy in a busy, dusty construction environment), as well as optional finger print biometrics and mobile phone SIM card support.
 
Moreover, the multi-user, networked, multi site Time and Attendance, Access Control, Fire Roll Call and security system includes European Working Time Directive checking and reporting and allows administrators to save up to 2000 employees, supports extensive shift management and payroll-related operations, the allocation of various pay bands, and much more.
 
If you’d like to find out more about the extensive range of solutions supplied by Time & Attendance South West, just contact us, we’ll be more than happy to answer any question or query you might have.