Redundancies made after Electrolytic Plating Company Ltd (The) falls into administration
We are sorry to read reports that the Walsall-based manufacturer, Electrolytic Plating Company Ltd (The), has collapsed into administration after struggling with several financial challenges since the pandemic.
It is reported that two divisions of the firm have been carved out and rescued after joint administrators, Kerry Bailey and Lee Causer of BDO, secured a sale to Wolverhampton Electro Plating. However, the remaining business has ceased to trade with an unknown number of staff made redundant.
Unfortunately, it is common for administrators to make these kinds of immediate redundancies, without prior warning or any consultation process. A failure to follow a consultation process could lead to employees being able to claim compensation from an Employment Tribunal of up to 90 days’ pay. Such a claim could be pursued if:
- 20 or more people were made redundant at the same workplace; and
- There was no information and consultation process, or it wasn’t carried out correctly prior to making redundancies.
If you have been made redundant and need advice, contact our employment team confidentially now for more information.
- Call us on 033 3344 9603
- Email us at [email protected]
- Complete this survey and a member of our team will contact you.
Find out more by reading our FAQs.
There are strict Tribunal deadlines within which to pursue these claims, so you mustn’t delay if you believe you may be affected.