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Insider UK
Insider UK
Business
Peter A Walker

Home improvements group ceases trading with 51 redundancies

Dalkeith-based building and home improvements business the Terry Healy Group has been placed into liquidation.

Founded in 2014, the business provided a range of building, electrical, heating, roofing, renewable and plumbing services to trade and domestic clients. It also supplied windows and doors and operated an emergency repairs and maintenance service.

The provisional liquidation has been caused by unsustainable cash flow problems stemming from liabilities built up during the pandemic, soaring labour and raw material costs, shrinking margins, delays to contracts and slow payments.

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