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I said in an earlier post that depending on what figures get released for January, that may determine the current health of the double glazing industry. This however is so middle of the road I don’t think you can’t take much away from those figures. Once we get March’s figures we should get a better indication of the health of our industry.
But from what we already know ourselves, the one thing that we are all certain of is that trading conditions remain very tough. I don’t think there will be a sustained strong recovery for years, and depending on who wins the next election, that could have an impact of the economic health of the country also. So for now, we have to just keep working hard, constantly review ourselves, scale back where necessary, even if that means losing a showroom or staff, and make sure the business survives, because once prosperity makes a comeback, those of us who are still here will reap big rewards.
>Hi I don't think the stats are as bad as they make out. The heading is 'Bankrupt Companies' but I went down the list and put about 20 or so into the Companies House web check service and could only find 2 who were actually bankrupt The rest had been struck off for not filing, dormant companies and companies which appeared to simply have stopped trading. Given my findings, the true number who actually went bankrupt in January may be as low as 30 or so. Also, there are a lot of garage conversion companies, paving companies etc who are… Read more »
>Hopefully things aren't as bad as the stats make out. Perhaps you could volunteer yourself to verify the figures properly ;)