Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Eurotek business closed

Friday 4 March 2011

Up to 130 workers have lost their jobs following the collapse of Eurotek, a UK office furniture manufacturer. Which has been formally wound up.
Administrators PricewaterhouseCoopers has confirmed that the Bognor-based firm is being shut down and its plant machinery assets are being sold off online.
The company went into administration in January.
The firm, which had major contracts with the Ministry of Defence and wide range of schools and universities, has been formally liquidated.
A spokesman for the administrators said that despite efforts to keep the company afloat under the directorship of the administrators with half its 130 strong workforce, no buyer could be found.
He said the company had suffered as a result of the ongoing economic challenges facing the public sector.
This resulted in a sharp decrease in its sales which led to difficulties meeting debt payments.

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