LOCAL company Hayburn and Co has ceased trading with immediate effect after 50 years in business.
A statement posted on their website this morning (November 14), read: "Due to difficult trading conditions, the business has ceased trading with immediate effect.
"All known creditors, including those customers who have fully paid or paid in part for goods are being contacted by post.
"A creditors meeting has been convened for 5th December 2018 at 10.30am at the offices PKF-FPM Accountants Ltd, 1-3 Arthur Street, Belfast, to place the company into a Creditors Voluntary Liquidation.
"Creditors only will be entitled to attend this meeting and no further information can be given until after this meeting is held.
"If you have any further queries, please do not hesitate to contact Alison Burnside or Nicola Graham of PKF-FPM Accountants Ltd at the above address or ring on 028 9024 3131 or email firstname.lastname@example.org ; email@example.com quoting the reference “Hayburns”
The family-run business designed, crafted and installed beautiful kitchens, fitted furniture and artisan residential joinery.
In 2017 the owners, Lynda and Ian Hayburn, said they would be expanding their showrooms to London and Dublin.
The company is believed to employ approximately 60 staff.
When rumours were circulating on Monday that the business had closed local councillor Stuart McDonald said job losses would be a ‘very bad blow’ to the area.