Midlothian Forum

A place to talk about Midlothian Scotland and more
 
HomeHome  FAQFAQ  SearchSearch  RegisterRegister  MemberlistMemberlist  UsergroupsUsergroups  Log in  

Share | 
 

 Penicuik Windows?

View previous topic View next topic Go down 
AuthorMessage
SamTyler

avatar

Number of posts : 918
Registration date : 2008-03-17

PostSubject: Penicuik Windows?   Thu Sep 25, 2008 2:21 pm

Does anyone know what is happening with them as the factory seems very quiet with no vans outside, the "Trade Counter" is now closed and the display conservatories have all gone.
It would be a shame if they have closed down, especially with no word that I have seen in the local press.
Back to top Go down
View user profile
SueDOnym



Number of posts : 74
Registration date : 2007-08-22

PostSubject: Re: Penicuik Windows?   Thu Sep 25, 2008 2:35 pm

Watch this space......that's all I'm going to say! Cool
Back to top Go down
View user profile
SamTyler

avatar

Number of posts : 918
Registration date : 2008-03-17

PostSubject: Re: Penicuik Windows?   Thu Sep 25, 2008 4:23 pm

..........very interesting. I shall keep an eye out! Shocked cyclops
Back to top Go down
View user profile
SueDOnym



Number of posts : 74
Registration date : 2007-08-22

PostSubject: Re: Penicuik Windows?   Mon Sep 29, 2008 2:47 pm

Told you - company has gone into receivership. Sad day for the guys who work there, especially as some of them have been there for 20 years or more.
Back to top Go down
View user profile
rubbereye



Number of posts : 196
Registration date : 2008-02-13

PostSubject: Re: Penicuik Windows?   Mon Sep 29, 2008 6:09 pm

Recievership isn't necessarily the end. Having "been there, done it and got the T-shirt" twice during the Thatcher era, I speak from experience.

The reciever will always try to sell the business (as opposed to the actual company) as a "going-concern", and the process of recievership itself can be a way of freeing a troubled business of historical problems and giving it a fresh start under new ownership.

A weel kent name like Penicuik Windows will, I'm certain, be attractive to many potential buyers once the Reciever effectively takes its past problems on to his own shoulders and puts the name, assets and order book up for sale, unencumbered by the old company's debts.

For the time being at least, the Reciever will probably employ the workforce himself, and thereafter...... Well, let's hope!
Back to top Go down
View user profile
rubbereye



Number of posts : 196
Registration date : 2008-02-13

PostSubject: Re: Penicuik Windows?   Mon Sep 29, 2008 7:32 pm

Help me out here. I'm confused. Is this more old news?

http://news.bbc.co.uk/nolpda/ifs_news/hi/newsid_6268000/6268872.stm

Look at the date in the top right-hand corner.
Back to top Go down
View user profile
SamTyler

avatar

Number of posts : 918
Registration date : 2008-03-17

PostSubject: Re: Penicuik Windows?   Mon Sep 29, 2008 10:49 pm

I checked with someone and it seems that they have moved to Pentland Industrial Estate in Loanhead but with a much reduced workforce. The factory in Penicuik seems to have closed with much of the machinery being chopped up for scrap and windows etc being brought in from the main factory of Transform Conservatories who took them over.
Back to top Go down
View user profile
Sponsored content




PostSubject: Re: Penicuik Windows?   

Back to top Go down
 
Penicuik Windows?
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» Can't Install DirectFn on windows 8
» ??? ??? ??? ????? ?? Windows ???????? ???? ?????? ?? ???? !
» directFN and os windows 7
» DirectFN help....
» GOTX system

Permissions in this forum:You cannot reply to topics in this forum
Midlothian Forum :: Midlothian Local Issues-
Jump to: