WISHAW-based office fittings manufacturer Doorset Technology, has gone into administration with 39 job losses.
Established in 2010, the company has made doors, doorsets and related component products at its main manufacturing facility in Lanarkshire.
However, Doorset had been experiencing financial difficulties in recent months and the company ceased trading on 11 May.
After reviewing its options the directors appointed provisional liquidators.
A statement from Leonard Curtis Business Rescue & Recovery sid: “Regrettably, it was not possible for the company to continue to trade in the circumstances and, as a result, all 39 employees of the company have been made redundant with immediate effect.”
Stuart Robb, joint provisional liquidator, said: “Despite their best efforts, and the government support currently available for businesses, the company’s directors did not deem it possible to continue to trade the business due to a variety of factors.
“Unfortunately, this has resulted in the workforce being made redundant. Our focus is now to ensure that those employees affected by redundancy receive the full range of support possible from the various government agencies.”
The liquidators are exploring whether a sale of some of the business and assets can be secured.