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Birmingham Post
Birmingham Post
Business
Laura James

More than 30 jobs lost as building renovation specialist Stone Edge Midlands collapses

Building restoration and conservation company Stone Edge Midlands Ltd has fallen into administration - resulting in 35 job losses.

The firm - which specialised in renovation work on historic and listed buildings - was based across its two trading premises in Tamworth and Skipton in Yorkshire.

It has ceased trading with immediate effect after being 'unable to recover from a reduction in trade in 2019.'

Ian McCulloch and Chris Lawton, of Begbies Traynor, have now been appointed as joint administrators of Stone Edge Midlands.

They are currently assessing work in progress and contracts of the business - in conjunction with an instructed quantity surveyor - in order to establish the recovery prospects for creditors.

Mr McCulloch said: "Due to the specialist nature of its work and the high skill level of the employee base, Stone Edge Midlands had a significant fixed costs base and as a result was unable to recover from a reduction in trade during 2019."

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