Workforce made redundant as 160-year-old building firm closes

A 157-year-old South Yorkshire building firm has closed its doors with the loss of 57 jobs. Mexborough-based George Hurst & Sons had been a family firm since it was founded in 1860 and passed from father to son – and daughter on one occasion during WWII – until a management buyout in 2008. The firm's most recent published accounts, for the year to October 2015, had showed a slight pre-tax profit of £142,000 on a turnover of £13m. However losses incurred on three large contracts in recent months put too much pressure... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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