Property company goes under administration, redundancies likely to follow

Matrix Solutions UK Ltd, a property refurbishment and maintenance company based in Bradley Stoke with additional sites in Taunton, London and Leeds, was forced to call in administrators after running into financial trouble over the past couple of months, a news report in the local business media has revealed.

The company focuses on refurbishing car parks and buildings, as well as completing other property projects for flood and fire damage on behalf of insurance companies. It employs around 30 members of staff on a permanent basis, as well as approximately 50 sub-contractors, but most, if all not of these positions are in danger of being cut.

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