Comley Demolition has announced that it is to cease trading. The Hampshire-based company has issued a statement in which it cites the reasons behind the announcement.
It is with great sadness and regret that the directors of C.G. Comley and Sons Limited (t/a Comley Demolition) have decided to cease trading and have instructed Begbies Traynor to start the process of placing the company into Creditors Voluntary Liquidation (CVL).
This is as a result of recently experiencing a number of clients going into administration, increased overheads, reduced margins and an unsettled market.
Managing director Toby Comley said: “This incredibly difficult decision, after 64 years of trading and three generations of the Comley family, has been not only heart breaking on a personal level, but also for the work colleagues that we have had to say goodbye to.
‘As a company we have weathered many difficult challenges over the decades, but these last few months have proved to be one storm too many”.
We would like to take this opportunity to thank our previous clients over the years and wish the NFDC and its members all the best for the future.
Toby Comley took on the mantle of managing director when his father – Richard – passed away tragically and prematurely back in 2013. Together with his mother Julia and sister Jen, Toby Comley steered the company through the immediate bereavement and beyond.
The industry was poorer for Richard Comley’s untimely passing. We can only hope that the sector doesn’t lose Toby too.
DemolitionNews wishes the Comley family and the entire Comley Demolition team all the very best for the future.