By BRIAN TILLEY

Last updated at 13:00, Monday, 16 April 2012

ONE of Tynedales longest-established businesses has gone into liquidation, with the loss of 40 jobs.

Believed to be the UKs longest-established roofing contractor, Matthew Charlton Slaters, which was established in 1842, has finally fallen victim to the recession in the building trade.

Staff were told on Thursday that the directors of the company were applying to go into voluntary liquidation.

The company has ceased trading with immediate effect.

Teesside-based insolvency specialists Taylor Rowlands are handling the demise of the roofing business.

A spokesman said: We were approached last week by the directors of Matthew Charlton Slaters to assist with the statutory processes of putting the business into voluntary liquidation.

There will be a meeting with creditors and interested parties on May 1, when the situation will become a little clearer.

However, the business has ceased to exist, and everybody who worked for it is now unfortunately out of work.

Read more here:
Jobs go as historic roofing firm folds

Related Posts
April 18, 2012 at 11:14 am by Mr HomeBuilder
Category: Roofing