Charles Gee Group, the transport business, has appointed administrators to try and save jobs and sell the business.
Charles Gee is involved in the transportation of the wings for Airbus planes which are manufactured in the UK and then taking them overseas to the assembly lines in other European countries.
Geoff Rowley, Phil Armstrong and Andrew Sheridan, partners of FRP Advisory have been appointed as joint administrators of the ailing business.
The Group has a long list of subsidiaries and the administrators are talking to them to try and see what the viability of the business of is and to try and keep it trading while they seek a buyer.
The group has 12 regional centres throughout the country, stretching from Clevedon and Bridgewater in the west country to Birkenhead and Hull in the north and Aylesford in Kent.
If you are an employee of the company and are worried then watch the video from KSA Group below that explains your rights and you can phone the DBIS number at the end for for further help.
We are not involved in the administration but have released this video for the benefit of employees of insolvent businesses in general.