Sicklinghall-based construction business Haresign Limited has fallen into administration with the loss of 11 jobs.
The company, which specialises niche construction projects, creates high-quality handcrafted buildings for commercfial and residential clients across Yorkshire.
It ran into problems through its involvement in a major construction project to create a new wedding venue at Wharefedale Grange near Harewood Bridge. A dispute arose which led to the contract being terminated, resulting in significant cashflow problems for Haresign Limited and the company being placed into administration.
“There are two sides to every story,” managing director James Haresign told the Advertiser series. “This has happened because we weren’t paid the amount agreed, but we’ll keep on trading. It’s what we do – this is our living.”
The business is now in the hands of joint administrators Julian Pitts and Bob Maxwell of Begbies Traynor in Leeds.