Sun Sets On Safestyle – Administrator Called In & Huge Job Losses Announced

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• Sun Sets On Safestyle – Administrator Called In & Huge Job Losses Announced

Safestyle has gone into administration with the likely loss of 750 jobs plus an impact on contractors to the firm which was the biggest installer of windows in the UK and one of the largest fabricators.

The administrators have announced that there will be 680 redundancies with 70 people only retained whilst the administration process plays out.

Headquartered in Bradford, Safestyle UK has a large manufacturing facility in Wombwell, near Barnsley and operated from a network of 42 sales branches and installation depots across the UK.

The Safestyle website claims that it ‘employed’ 2,000 people – that would indicate that it was using contractors who employed 1,250 people at various points.

Rick Harrison and Will Wright from Interpath Advisory were appointed joint administrators to HPAS Limited, trading as Safestyle UK, Style Group Holdings Limited and Style Group UK Limited on 30 October 2023.

The administrators are still looking for buyers of certain parts of the business. There had been interested parties in purchasing the business outright but they walked away leaving the Group to announce its intention to go into administration on 27 October.

 

Interpath Advisory

Rick Harrison, managing director at Interpath Advisory, said: “These are really challenging times for companies across the home improvement market. After seeing strong sales during the Covid lockdown periods, many companies are seeing trading being impacted by the cost-of-living crisis and soaring costs.

“Unfortunately for Safestyle, these challenges have proven too difficult to overcome.

“This will be particularly devastating for the company’s employees, as well as the many self-employed contractors who worked on its behalf. Our immediate priority will be to provide support to those affected by redundancy, including supporting them in making claims to the Redundancy Payments Service where relevant.”

 

Guidance for customers

Customers are advised that orders will not be fulfilled by the company in administration.

If the administrators sell certain parts of the business and assets to a third party, customers may be entitled to have their orders completed by the purchaser. 

The GGF has announced that it will honour Insurance Backed Guarantees to repair any faulty work.

Any booked installations where no deposit has been paid will be cancelled. If customers have agreed finance on a planned installation, they should contact the finance provider to see if the agreement can be cancelled.

Part-complete installations will not be completed and customers will need to find alternative installers. Safestyle will not claim the remaining balance owed.

Customers who have booked an installation and who have paid a deposit are advised that the installation will no longer go ahead by the company in administration. Customers are advised to contact their credit or debit card provider with a view to making a claim for their deposit under Section 75 of the Consumer Credit Act 1974.

If a customer has paid a deposit in cash, this will not be repaid to them.

 

Picture: Safestyle UK has gone into administration.

Article written by Cathryn Ellis
02nd November 2023

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