Barton-upon-Humber lens firm administrators cut jobs
Half of the workforce at an optical lens manufacturer have lost their jobs after it went into administration.
Humberside Optical Services Ltd, which is based at Barton-upon-Humber, near Hull, has been supplying opticians with lenses and frames since 1987.
The firm said it had struggled as consumers were spending less money on eye wear during the economic downturn.
Administrators said 20 of the firm's 40 staff had been made redundant and it was looking for a buyer for the firm.
Joint administrator Andrew McKenzie, of Begbies Traynor, said: "The administrators are continuing to trade the business and are confident that they will be able to secure a sale of the business as a going concern.
"The poor recent trading of the business has left the firm with unserviceable debt, and forced the redundancies in order to give the business any chance of survival
"The firm has a decent order book, some high-quality plant and machinery and a very skilled and loyal workforce, and we are optimistic that a buyer will be found to ensure its long-term survival and protect the remaining jobs."