AN award-winning North Yorkshire company who created the world’s largest horse sculptures faces an uncertain future, with 70 jobs at risk.
Construction steelworks company, SH Structures of Sherburn-in-Elmet has filed a notice of intention to appoint administrators while a buyer is sought for the company.
Insolvency and corporate recovery company Begbies Traynor has been appointed as administrators “to protect the company whilst options are explored and a buyer sought for the business.”
The Begbies Traynor statement said this was “due to losses on various contracts and a gap in production scheduling due to projects being delayed.”
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SH Structures has traded for more than 30 years in the field of steel fabrication and structures.
In 2013, the company completed the 100-feet high 300 tonne horse head sculptures, The Kelpies, which are located in Falkirk, Scotland.
The £5 million cultural landmark, which took five years to build, paid homage to the working horses of Scotland.
More recently, the company hosted a visit from the recently-elected Selby & Ainsty MP Keir Mather, which included the company and steel industry figures raising a range of concerns affecting the sector.
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