NRS UK: Livingston – 45 workers made redundant as construction company goes into administration
NRS UK, which has worked on a range of projects across Scotland, has ceased operations with immediate effect and has appointed administrators.
West Lothian Council has pledged to support 45 staff who have been made redundant. Two have been retained on a short-term basis to assist with administration
FRP Advisory directors said “spiraling” supply chain costs had been amplified by severe losses from fixed-price contracts.
The provider of construction, civil engineering and energy solutions for a number of private and public sector clients achieved a turnover of £33 million.
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Their most recent Scottish project included St Andrews Cross Substation in Glasgow, Seagreen Offshore Wind Farm off the coast of Angus, Hunterston Substation, Sauchiehall
Street civil works and electrical substations in Wishaw and Glenlee.
But the company, which was founded in 2010, has faced a series of financial difficulties and severe losses that have led to unsustainable cash flow.
Michelle Elliot and Stuart Robb, partners at FRP Advisory, have been appointed joint directors of the company.
A spokesman for West Lothian Council said: ‘Our sympathies are with the employees during this uncertain time.
“We will be actively working to support affected employees through local action Partnership for Continuing Employment (PACE). If you ever find yourself in such a situation
please do not hesitate to contact the Council’s Access2Employment service on 0800 032 9768 for further support and advice.
Michelle Elliot said: “NRS UK are an established and highly regarded specialist in civil engineering and energy construction with an impressive portfolio of projects across Scotland and
“The business has been exposed to the well-documented issues of soaring costs affecting supply chains and fixed-price contracts that have led to unintended losses.
“Despite the best efforts of the Sole Director, the business has faced a series of cash flow problems in recent weeks as a result of these issues and has been unable to continue operations.
“We will now be marketing the business and the business assets for sale and encourage all interested parties to get in touch as soon as possible.
“We will also ensure that employees receive all necessary assistance in registering any claims they may have with the Redundancy Compensation Office (RPO) and in accessing assistance.
PACE services and other government agencies.
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