Administrators optimistic

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Administrators called in to run Darnall-based 1A Seal Systems and 1A Drill Systems say they expect to sell the businesses soon.

Daniel and Simon Plant of corporate recovery firm SFP said both firms, which are based at Dannemora Drive, ceased trading before they were appointed, after been hit by cash flow problems and running up debts in excess of £500,000.

1A Seal Systems employs around 25 staff, provides passive fire protection and air tightness seals, has a turnover of around £3 million and has major contracts with Morgan Sindall, Miller Construction, Bam and Vinci.

1A Drill Systems employs 10 staff, specialises in diamond cutting and sawing and has an annual turnover of £500,000.