HAC Pipeline Supplies, a Leicester-based plumbing and pipefitting supplier, has ceased trading after 40 years, resulting in 27 job losses.
Administrators Christopher Lewis and Tyrone Courtman of RSM UK Restructuring Advisory were appointed on February 21 after the company faced trading and cash flow difficulties and increasing creditor pressure. A small number of employees remain to assist with the closure process.
The administrators are working to sell the company’s remaining stock through John Pye & Sons to maximize returns for creditors. Support is being provided to affected employees to help them claim entitlements.
