Building firm Britspace in administration

Factory exterior
Image caption The company was founded in 1972 and makes modular building units

Two hundred workers at an East Yorkshire building manufacturer were sent home on Monday after the company called in administrators.

Staff at Britspace in Gilberdyke will hear options for the plant's future at a meeting later.

The administrators said no redundancies had yet been made and that they hoped to find a buyer for the firm.

The company supplies the building industry with pre-made, modular structures.

One of the administrators, David Thornhill from FRP Advisory LLP, said: "The company has suffered significant cash-flow difficulties over the last few months and, despite receiving significant orders, has been unable to fulfil all customer requirements.

"To protect the business, Britspace has entered administration; currently no redundancies have been made and it continues to trade as a going concern.

"We are working hard with Britspace's management team to find a buyer for the business, and are hopeful that it will attract a number of interested parties."

Related Internet links

The BBC is not responsible for the content of external Internet sites