Thursday, December 15, 2005

Stair Lift firm in trouble

A Cheshire based stair lift firm has gone into administration, putting scores of jobs at risk. Churchill Stairlifts, based in Runcorn, has 60 employees and an annual turnover of £8 Million.

The company, which was founded 10 years ago, suffered losses of £500,000 last year and has traded in the red for some time. A Manchester based firm has been appointed as adminstrator and it is likely that they will continue to trade in the short term with a view to trying to find a buyer.