Image: Astins
One of the UK’s largest drylining, ceiling and specialist fit-out contractors has gone into administration, with the loss of 140 jobs.
Astins, which is based in Crawley and worked with over 600 self-employed subcontractors, ceased to trade on 3 February.
It had been in business for 24 years and reported turnover of £51m for 2018, with a pre-tax profit of £1m.
Andrew Duncan, director at administrator Leonard Curtis, said the company had suffered from “substantial” bad debts and had also received claims from clients in respect of historic contracts, which meant it could no longer trade.
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