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Gloucestershire Business News

Windows and conservatories company ceases trading

A Gloucestershire-based window and conservatory company has ceased trading.

HIgh-Tech Windows, based at Staverton Business Park, which has been operating in Gloucestershire and the West of England for 35 years, has gone into administration.

When Punchline tried to contact the company this morning there was a voice message saying "we are having technical difficulties".

High-Tech's website is still up and gives the appearance that the company is still trading.

However, the phone message directs you to an email address which comes back with the following automated reply: "To all High-tech Clients. Unfortunately, High tech Windows Ltd has ceased trading recently. As their frame supplier we have offered our assistance to help the administrators with the management of any existing contracts and any chargeable service work.

"If you have an outstanding installation, we will be in contact with you very soon to arrange when your project can be completed. We are waiting on information from the receiver to resolve this situation as fast as possible.

"Any work installed from the appointed company will be guaranteed under your original terms and conditions."

Alarm bells were ringing for High-Tech last year when the company filed its accounts at Companies House for the year ended March 31, 2021, showing net liabilities of £251,000.

The company said at the time: "The directors have therefore had to consider the appropriateness of the going concern basis. The company has been able to finance its operations largely because of support from the directors and other creditors. Were this support not available, the company may not be able to continue trading."

Punchline reported yesterday on the sharp rise in company insolvencies last month  as businesses were faced with higher inflation and a rise in winding-up petitions from HMRC.

Punchline says: "Punchline is always sad to hear of the demise of a local business that has been trading for over 30 years. These are tough times and the building and construction industry is one of the toughest."

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