A contractor used by chains such as JD Wetherspoon and Whitbread for new-build projects has ceased trading after 20 years in business.
Sanderson Contracts Limited has delivered a string of construction fit-out and refurbishments for major pub and hotel groups over the years, including Wetherspoon sites at St Pancras station and Heathrow Terminal 5.
But following a review of the company’s financial position, directors filed a court notice to place the business in administration. The decision to close the business will lead to 34 job losses.
Founder and managing director, Ian Sanderson, blamed the general economic uncertainty and decline in spending in the leisure sector for the difficult trading conditions it has encountered.
He said: “The board of directors are devastated to be ceasing to trade after 20 years in business. In that time, we have developed long standing relationships with our customers and suppliers. Like many in the construction sector, we have experienced very difficult trading conditions as projects have been cancelled or delayed in the current economic climate and issues on a number of large-scale developer led projects have negatively impacted the company.
“As soon as we became aware that income was not materialising as quickly as we had anticipated, we sought to take prompt action to minimise losses to our supply chain and customers.”
The news is expected to affect kitchen contractors that relied on sub-contracting work from the business.
Sanderson Contracts was established in 1999 and operated from West Yorkshire but delivered projects throughout the UK and Ireland.
It specialised in the development, fit-out and refurbishment contracts in the pub and restaurant sector becoming involved in hotel development and new build projects in more recent times.
Mr Sanderson said the board remained committed to working with the administrators to maximise asset recoveries and are hopeful that a return can be made to creditors in due course.
Kingsbridge Corporate Solutions has been appointed to manage the administration process.