ANGUS Councillor Bill Middleton has called on the Westminster government and the banks to do more to help small to medium sized companies in the wake of the demise of yet another Forfar business.
Addressing this month’s meeting of Forfar Community Council, Mr Middleton spoke of his sadness over the news that FMS Construction of Station Place had been plunged into administration the previous week.
He said: “That is another small/medium sized company gone, along with Skene Blair in roughly the same area.
“It is really sad to hear of companies like that. I think the Westminster government and the banks need to do far more to protect and try to help as much as they can small and medium sized companies as it is terrible for the local communities that these things are happening. It has a knock on affect for businesses in the town.”
News of the demise of FMS Construction was revealed on a note pinned to the door of the premises. It confirmed that both FMS Construction Ltd. and FMS Developments Ltd. were in administration following a Court of Session appointment a week past Wednesday.
The note advised all staff to contact the administrators as wages would be dealt with as claims under the employment rights act.
The company website lists FMS as the contracting arm of the Sarkar group, established for more than a decade which offered quality and affordable accommodation “through careful product choice and utilising our own skilled tradesmen.”
The firm has been involved in projects across Angus, including the recent development in Forfar’s Lochside Road and Market Street, as well as Dundee’s Milton Street.