Jump to content
House Price Crash Forum

Swans Chief's Building Supplies' Firm Collapses Owing Creditors £430,000

Recommended Posts

Not sure how relevant/indicative this might be to the wider property/building market?

SWANSEA City Football Club chairman Huw Jenkins's building supplies business has collapsed owing its creditors more than £430,000.

Casey's Building Supplies had been consistently making losses over the past four years, and ceased trading on Monday, July 12.

Mr Jenkins, who was the sole shareholder of the company, had personally ploughed £200,000 of his own money into the business in February this year, but this was not enough to turn its fortunes around.

The Swans chairman spoke to the Evening Post yesterday and said: "My advice to anybody is to stay away from the building industry."


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 419 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.