Doncaster Trio Achieve Business Success Despite Redundancy

Three men have achieved business success despite losing their jobs after a Doncaster manufacturing company went into administration last year.

Karl Vernon, Mark Evans and Wilf Hobson were just three of 98 people facing redundancy at Norking Aluminium Limited after it went into administration in May 2014. Karl, who was one of the last people to be made redundant at the company, had often thought about starting his own business and saw his redundancy as an opportunity to set up on his own.

Mr Vernon, who was previously Norking's purchasing manager, said:

"We put an offer in for three pieces of machinery to the administrators Wilson Field and our redundancy money funded the acquisition and allowed us to buy the assets. We started with one staff member from Norking headed up by myself and Mark along with Wilf's many years of expertise in the sector.

"We now have nine staff, and have steadily increased our monthly turnover and run a profitable business. The figures have already far exceeded our three year business plan. Now our business is constantly moving forward and we are using established contacts and picking up work from them and new clients. Whilst we don't win every contract, comments from our customers assure us that we have never been beaten on quality."

If you need help securing redundancy pay or want to get a settlement agreement checked and signed, contact our redundancy solicitors on 0114 296 5444 for advice.

PM Law

Redundancy Solicitors