Uniglaze Go Into Administration

Uniglaze Go Into Administration

The tough times keep on coming for the double glazing industry. This time Norfolk is the recipient of the bad news. Uniglaze, based in Norwich in East Anglia has been forced to call in the administrators after struggling to keep the business going after a big restructuring in 2011.

Uniglaze has a turnover of over £21 million and employs, or rather employed, 285 staff at two sites. But the administration has brought the loss of 88 jobs. Chris Pole, a director at appointed administrators KPMG, had this to say:

“The company has struggled for a number of years in the wake of the severe downturn that has hit the UK construction sector and wider economy. While market conditions have been very challenging, management and creditors worked together to address the business’ financial problems by agreeing a company voluntary arrangement (CVA) in April 2011.

“In spite of the company’s efforts to find a resolution to its problems via a CVA, the company’s cashflow has been substantially impacted by a further decline in turnover and the insolvency of a key customer. “In the context of a persistently difficult market for businesses supplying into the construction sector, the company has been unable to restructure further or to attract additional funding, leaving the directors with no other option than to seek the appointment of administrators.”

With this administration, there seems to be some oddities. For example, it is rumoured that the company is able to pay back their creditors 70p for every pound they owe, far higher than any normal administration. Why? There are also a couple of rumours as to the ‘real’ reason why the company has been placed in administration. I suppose with these things we will never know the true reason if there is a different reason.

One thing is for sure, KPMG have done very well this year when it has come to double glazing industry company closures. Will be a bumper year for them!

Hopefully KPMG will be able to find a buyer for the business soon. A company with a turnover of £21million and a long history should really be an attractive buy. Hopefully the business isn’t carrying much debt and there is the right staff there to help aid the business through this rough patch. Obviously job losses are something nobody wants.

You can find an alternative report on the administration of Uniglaze here: http://www.edp24.co.uk/business/norfolk_firm_uniglaze_goes_into_administration_with_the_loss_of_88_jobs_at_its_new_costessey_base_1_1656682


By | 2016-10-24T20:24:26+00:00 October 15th, 2012|Categories: administration, businesses for sale|

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99 Comments on "Uniglaze Go Into Administration"

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AWM uPVC Windows (@AWM_uPVC)
Guest

Hopefully they will find a buyer and not concentrate so much on the new build sector. So hard to ‘gear down’ once you have ‘geared up’ and then a recession turns off the tap!

Anonymous
Guest
DGB you’re showing just how badly informaed you are again. 1) The new build sector is not a “dead duck” at teh moment, just ask one of the three top ten glazing companies that deal exclusively with new builds. Like everything new builds are down on five years ago, but why pick this one sector for your “dead duck” comment? Probably because you work in retail and know nothing at all about new build. 2) Theres more to the Uniglaze news than meets the eye which is quite widely known. If your finger was really on the pulse of the… Read more »
neil
Guest

tell us what you know then

phil
Guest

testing testing123

xxx
Guest

Several people seem to have very good sources who all seem to to know nothing would be interested to know who yours is and if they actually speak any truth !

Mike
Guest

There’s potentially tragedy involved in this story, which – if true – means that it’s not suitable fodder for speculation and rumours on a public forum.

jamie
Guest
this is a shame, i know there will be more work around for the other units lines, but there were some really good guys who worked there, i feel really sorry for them, usual problems cropping up from their demise though, people approaching us and asking us to make their units for them only can we be cheaper than what uniglaze were suppling to them, unfortunatly uniglaze have gone for reason and being very cheap is one of them, i for one do not intend to be going the same route of under pricing good products , i am sorry… Read more »
nige
Guest

Jamie.. Don`t blame the “upvc boys”.(That`s all i ever hear when someone`s not happy with anything) You and the other unit boys can say NO.
Your big enough and can make your own minds up !

neil
Guest

anything can be discussed on an open forum ,tragedy or not , you dont have to read it

jamie
Guest
the – lets buy a drill, a saw, a van and a fensa/certass registration for a few hundred quid even though we have no idea, but my mate said theres money in windows brigade upvc fitters are half the problem nige, no training, no idea, want everything cheap cheap cheap,- oh and i should of ordered it a week ago, so can you knock it up for tommorrow? you tell me an area where these guys dont exist? ive always been very public on here and glass talk that i mainly avoid upvc fitters due to the above people, and… Read more »
Anon
Guest
PHILIP ERNEST DAVIS MANAGING DIRECTOR UNIGLAZE 2 TRACK RECORD McNally Industries Ltd. DISSOLVED Entertainment Systems Ltd. DISSOLVED McNally Gaming Ltd. DISSOLVED Brent Leisure. DISSOLVED Fine English Furniture Ltd. DISSOLVED Nina Campbell Ltd. DISSOLVED Anthony Little Ltd. DISSOLVED Nina Campbell Upholstery Ltd. DISSOLVED cont……….
Anon
Guest
Arthur Brett and Son Ltd. DISSOLVED David Salmon International Ltd. DISSOLVED David Salmon Corporation Ltd. DISSOLVED David Salmon Ltd. DISSOLVED David Salmon Furniture. DISSOLVED ABS Realisations Ltd. DISSOLVED Andrina G Ltd. DISSOLVED Uniglaze 2. Currently in Administration with the loss of 284 jobs cont……
miss piggy
Guest

Why on earth was a man with such a bad track record taken on as the managing director of uniglaze!!!!! The fraud squad need to look into what goes wrong when he’s involved anywhere!!!!

Anon
Guest

My questions are these

Which Administrators were used to dissolve these companies and what is Mr Davis’ connection with them?
Why was such un unrealistic figure of 71p in the £ reached during the CVA?
Why were management staff who mismanaged Spa road into closure then put into key positions at the Longwater Plant?
Why did Mr Davis give management positions to staff who’s only previous experience was working as an office cleaner? Cont……..

Anon
Guest

Why in August of this year did Mr Davis contact the EDP and give misleading interview to the effect that Uniglaze2 was doing so well that extra staff had to be taken on to cope with the growth?
Why did Mr Davis start handing out pay rises willy nilly only weeks before closure when the company couldn’t meet it’s financial obligations to creditors?

JUST A FEW QUESTIONS…………Can anyone enlighten me?

Anon
Guest

Yes they are a matter of public record on sites such as director check

Anon
Guest

Check companies house

Anon
Guest

Oh sorry forgot to ask, why has last month’s pension cheque to AVIVA bounced and will staff get their money back.

nobby
Guest

it just seems to be a big cover up.

Anon
Guest

Something is not right and that is for sure

nobby
Guest

i think you may find that the person who put money in, in 2011, is not silly and has an intrest, in my opinion.

anon
Guest

Philip Davis was appointed by the new buyer who also had total financial control of the company

Anon1
Guest

He may have had a majority share but the day to day running and decision making was down to Philip Davis fuck ups included

Anon1
Guest

So what are we suggesting here, that the majority shareholder employed a screw up with a bad track record to ensure that Uniglaze 2 went to the wall so that he could buy it back with zero debts?

anon
Guest

Dont get me wrong I’m not defending him in anyway , I feel he is to blame I just wonder like ypu why he was chosen ?

anon
Guest

And I’m not suggesting anything of the sort , its just something to think about I suppose.

nobby
Guest

thats how it looks?

Anon1
Guest
So why didn’t he just let Uniglaze go bust last year and save himself the £500k he put in and then just come in and buy it? I think that it is more probable that Philip Davis who talks a good game convinced them that he was the best man for the job. The guy was in fact a legend in his own imagination, who referred to himself as God (no I’m not joking) who spend most of the time promoting himself than saving Uniglaze. Which poses another question, why after using the title of Managing Director of Uniglaze 2… Read more »
Mick L
Guest

There is only one word to describe this tragedy “CRIMINAL”, the way the staff inclusive of myself were treated , no notice, no money, and the probability of no home if new employment can be found….. All of our lives are in tatters. A disgraceful end to 25 years service.

As previously mentioned some one may be having a Christmas which they can afford…… My two Children won’t .

All I would like is some honesty and closure for recognition for my loyalty !

lee clarke
Guest
Mick i realise this is a very difficult time for all you guys who lost jobs and with 2 children myself can only imagine how you are feeling! maybe this will help maybe it will not. If you or any of the guys want help in getting back into the industry we at MyTradeTV will help as much as we can, we have a recruitment section and a news section where we can try and let companies know about you guys looking for work! The idea of our site is to try to improve and help the industry so if… Read more »
anon3
Guest

i amgetting the picture.

Anon1
Guest

Please could u share it because I’m confused (I posed the original question) I get that UG2 staff have all been screwed over but by who???

Anon
Guest

sounds like DGB is just stirring. cruel to make comments on an issue that is actually affectingpeople’s lives like micks. without any real evidence or anything to tell anyone. dissapointing.

Anon
Guest

Yes, they are reporting on these issues because it is their job – they have had the appropriate training and are doing it because it is what they are paid to do. they are a recognised authority (bbc anyway) for reporting news, rather than a salesman. i generally like your blog. but you need to think of the people who’s lives are being affected. you are winding people up.

Anon
Guest
DGB:” I know a lot more about the Uniglaze story than I let on in the post above. I have a very good source with whom I had a good chat with last night and was told many more details. ” Uniglaze worker: “Would you plese be able to tell me then please , as I worked there for 25 years and no one has told me or 200+ staff anything” Just seems a bit cruel that you are claiming to be better informed than these people who have been laid off. the bbc only inform when they have information… Read more »
Anon
Guest

yes you are free to write about it, but think before you write. don’t stir. have some empathy.

Anon
Guest

fair enough.

Ben C
Guest
There does seem a great deal of people that either “spoken to a source” or has a “friend” , and then we have the people that are mentioning people names in a libalist way but under the name anon, if you really have something to say , stop being a keyboard warrior , say what you have to say and put your name behind it. Here we have people saying directors were thieves, others seemingly starting a witch hunt for Mr Davis. If a person feels so strongly then don’t hide behind anon ! For those of us that lost… Read more »
'Keyboard Pacifist'
Guest
Thank god for Ben. There is so much hate and venom in some of the posts above. Understandable, but I don’t think entirely justified. Everyone was told on numerous occasions that “things had to change” throughout the company; from factory to office. Maybe it was just a case of not realizing it until it was far too late. What else could they have done? Run it completely into the ground to the point where you would turn up for for work and the gates would be locked with a Notice of Closure letter stuck to them? That would have been… Read more »
Anon4
Guest

It’s libelous Ben (but then Tom was always the stronger of the 2 of you) and it’s only libel if it’s not true.

"keyboard pacifist"
Guest
Thank god for Ben. There is so much hate and venom in the many posts above. Which is understandable but I don’t think entirely justified. As Ben said, every single person in the company was told “Things need to change” on numerous occasions. Maybe it was just a case of no-one believing it until it was far too late. What were the other options? Running it completely into the ground to the point where everyone turned up one day to locked gates which a notice of closure on? That would have been far worse than what did happen. Uniglaze was… Read more »
IAMSPARTICUS
Guest

Maybe it will be bought, drop the horrible ‘2’ and incorporate framing as well.

Cubie
Guest

Lets all just face facts and put it down to bad management. That’s what it all seems to me, but what would I know, I’m just a number like the majority of the people that worked there! Grow up, move on and whatever happens in the future will happen! I wish everyone that worked there the best of luck in whatever you all do in the future.

sgt wilko
Guest
Just found this blog and would like to post 4 points. 1- why were kpmg so keen to get us out the door with lots of orders for the rest of the month already input. 2- what made management decide 72p in the pound was a good figure for the cva repayment back in march 2011. 3- Why did the MD pull the company when he did (6 weeks of solid salesjust delivered ) 4- Why is it that monies taken from my wages have not ended up in avivas account but i am behind kpmg and lloyds when it… Read more »
planitherm man
Guest

cubbies right the senior management there was shocking,you can blame who you want but it hasn’t made money for years,mervyns a good salesman,and pat didn’t get involved enough,you can blame davis,but richard branson couldn’t save unglazed it was rotten.

Anon
Guest

UNIGLAZE 3 REGISTERED WITH COMPANY HOUSE ON 16th OCTOBER THE DAY AFTER WE WERE ALL PUT OUT THE DOOR, WTF!!!!

Anon
Guest

UNIGLAZE 3 registered office is 5 The High Street, Westbury on Trym Bristol, which is approximately 75 miles from Swansea which coincidently is where Glass Systems are based which is where ex Uniglaze Director Mervyn Raby is now working. Mmmm the plot thickens indeed.

KT
Guest

Just for the record ex uniglaze director Mervyn Raby is NOT working for glass systems or anyone , so get your facts right before you start making accusations and at least have the balls to put your name instead of anon .

Callie
Guest

More bulls–t From the Raby clan or did glass systems get the wrong Raby I dont think so

KT
Guest

At the time this was posted it was the truth. Why keep dragging it up its done.

Energicare Bloke
Guest

well done Clouseau !!!— shame thatz aload of b/shit

planitherm man
Guest

i don’t think west bury on trim ihas got anything to do with glass systems,a registered office could be anywhere /,rumours are strong of glass systems coming to norwich which would be good for local job market.
uniglaze 3,sounds shit anyway.

PLANITHERM MAN
Guest

JUST FOUND OUT GUY IN WESTBURY,BUYS NAMES OF PEOPLE WHO HAVE JUST GONE BUST,THEN TRYS TO SELL NAME IF THEY RESTART,TO MAKE A FEW QUID.

john wood
Guest

strong rumours that glass systems will start selling in uniglazes patch next few weeks,and plan to open in the spring ?,any other news anybody

patel
Guest

john wood say your real name /// i heard more like supertuff at windglass ovr day

farmer boy
Guest

they are not doing many units at old nicholls factory dont think its true also heard cet been sniffing around

Phillip Davies
Guest

this is so sad i havent stopped crying for weeks i cannot bear to think that now we will never get the chance to pay back our suppliers oh well bye bye uniglaze 🙁

KT
Guest

This is all very touching , but if you were the real Philip Davis , surely you would know how to spell your own name ??? #schoolboyerror #justsaying

Phillip Davies
Guest

how’s max KT?? wouldn’t happen to be KERRI TILSON would you?

KT
Guest

I have no reason to hide who I am ,how dare you bring my son into this , get a life

KT
Guest

You obviously have nothing better to do if you need to start getting personal

bumpkin
Guest

uniglaze will rise from the ashes watch this space

patel
Guest

any news bumpkin story gone cold ?

abdul
Guest

it’s dead get over it

Phillip Davies
Guest

too late 🙁 our ashes have already blown away

Someone who cares
Guest

All of this is not a joke – Please all remember nearly 300 people lost their jobs and many suppliers lost money that in turn could result in more job losses.
At least some people are trying to do the right thing that will hopefully mean some of us have a chance of getting back to decent jobs in our indusry!!
If you want the truth check out the latest news at http://www.glasssystemsltd.co.uk

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