Around 60 staff are likely to lose their jobs as a Luton-based windows company went into administration yesterday.
Frame fabricators, Weathershield Windows Limited which is based in Selbourne Road has been placed into administration and ceased trading.
The staff are expected to be made redundant with immediate effect.
A spokesperson for joint administrators Begbies Traynor said: “We are undoubtedly conscious of the effects that the redundancies will have on the company’s workforce, and the individuals concerned however there is no other option at this time given the financial position of the company.
“We will be working extremely hard to assess all viable options for the future of the business and are hopeful that we will find a purchaser for the whole or part of the business in the near future, which will allow for some employees to secure ongoing employment. Whilst there are enquiries from certain interested parties, the outcome is far from certain at present.”