Ten jobs lost as Glasgow business goes into administration

Glasgow-based cash and carry House of Sher went into administration this week, with the loss of 10 jobs.

The Features > Business, which was established in 1985, sold DIY equipment and fancy goods from its Wallace Street base in the city’s Tradeston area. Its building was something of a local landmark.

Administrator Ian Wright, of WRI, cited online competition and the economic downturn which had hit the business hard. The business made a pre-tax loss of £643,163 on a turnover of £2.1 m for the year ended 31 December 2010, according to a report by The Scotsman newspaper.

The House of Sher is not part of the Sher Brothers group of companies, which also operate in Glasgow, although there are some common directors. Sher Bros continues to trade and has links to Sher Bros Cash and Carries (UK) Ltd, which are one of Scotland’s leading cash and carry operators, owning several Glasgow warehouses including two in Kilbirnie and West Street. Other companies run by the family include Sher Bros (Trading Company), Bonnypack (Scotland) Ltd and Sher Bros (Glasgow) which also continue to trade.

Get Our E-Newsletter - Wholesale News stories in your in-box, delivered weekly.
Will be used in accordance with our Privacy Policy

About The Author