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Long-established Chard firm formally goes into liquidation
11:30am Friday 6th December 2013 in News
FOLLOWING a creditors’ meeting last week, it has been confirmed that Smith & Jones Joinery of Chard has gone into liquidation.
The company, which was established in the town 45 years ago, closed its doors at its Furnham Road Trading Estate site on November 1, making 13 staff redundant.
Tim Close, of its liquidators, Milsted Langdon, said: “This is a very typical story. It is just another struggling firm which has become a casualty of the recession.
“Like lots of businesses it was just about holding its own, but the final straw was losing a major contract.”
It is thought creditors are unlikely to get any outstanding money, while employee claims will be dependent on whether amounts due to the company can be realised.
Smith & Jones Joinery specialised in manufacturing bespoke, architectural, traditional and contemporary joinery and was founded by John Smith and John Jones in 1968, when they were demobbed from the RAF.
It was originally in the old dye works behind Crimchard House.
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