Thursday, September 11, 2025

Derbyshire engineering firms collapse, 17 jobs cut

Four engineering companies in Derbyshire have entered administration, disrupting ongoing projects and affecting local supply chains. The group includes Greenbank Terotech, Greenbank Engineering Services, Ammegen, and Greenbank Group UK Holdings.

The businesses offered services spanning design, manufacturing, and installation across industries, including bulk handling, rail, energy-from-waste, and water treatment. Collectively, they employed 43 people at the Swadlincote premises.

The administration follows earlier financial failure within the group and reflects mounting trading pressures throughout 2025. Seventeen staff were made redundant immediately, while the remaining team will temporarily manage existing contracts, recover outstanding payments, and support potential buyers.

Administrators are seeking investors or buyers interested in acquiring the businesses, their assets, or ongoing projects. The collapse highlights the ongoing challenges facing regional engineering firms under tight cash flow and competitive market conditions.

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