Burgess Marine collapse
UK-based maritime engineering firm Burgess Marine Ltd sadly filed for administration before Christmas, resulting in job losses for over 100 Ship repair professionals.
Following the appointment of administrators, a partial sale of the company took place to local company Southampton Marine Services, 45 employees will retain their positions and be transferred to the new company.
Sites in Devonport, Portchester, Portsmouth and Southampton have closed with 106 staff being made redundant.
Burgess Marine Ltd, based in Dover, said the business failed after problems with payment for a recently-completed "major refit project". The Administrators have said that “difficult trading conditions and a shortfall in the company’s working capital position – contributed to by a failure to secure the final payment due in regard to a recent major refit project – significantly affected the business and its ongoing viability.”
BDO LLP business restructuring partners Danny Dartnaill and Colin Haig were appointed joint administrators over the company on December 13, 2017.
Burgess Marine, which focuses on commercial marine, defense and superyacht sectors, is based in Dover and Kent and was traded from eight sites across the South of England.
WRS Tech was privileged to work closely with Burgess Marine and our sympathies go out to those made redundant before Christmas, fortuitously WRS Tech has been able to find new jobs and contracts for 30 of the 100 who have been made redundant which showcases the strength of the relationship between WRS Tech and its former clients. WRS Tech would like to offer its support in finding new roles to former Burgess employees and contractors where possible, please contact the Shipbuilding team via shipbuilding@wrstech.co.uk or 02392633952.
