Nearly 40 people made redundant as HGV training centre to be sold

Administrators announced the closure of Ritchies HGV Training Centre based in Glasgow.

Nearly 40 people made redundant as Ritchies HGV Training Centre in Glasgow to be sold — Glasgow: Ritchies HGV Training Centre was founded over 40 years ago. © Google Maps 2024

30th May 2024

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Nearly 40 people have been made redundant as a Glasgow based HGV training centre is set to be sold.

Ritchies HGV Training Centre, which specialises in training for HGV drivers and plant and forklift drivers, has been placed into administration due to the “ongoing downturn of the sector”.

The sale of the business – which was founded over 40 years ago – and its assets including vehicles, plant machinery and the site, has now began.

A spokesperson confirmed that 36 employees have “regrettably” been made redundant as a result of the process.

Michelle Elliot and Callum Carmichael of specialist business advisory firm FRP, were appointed as Joint Administrators to the business on Tuesday.

Joint administrator Michelle Elliot, said: “Ritchies HGV Training Centre Limited was founded more than 40 years ago after the owner decided to use his own driving experience to train others.

“Unfortunately, due to the ongoing downturn of the construction sector and struggling to recover post-pandemic, the Company was no longer able to meet its financial obligations.

“After the director’s exhausted all other options, they took the difficult decision to put the Company into administration.

“We’re now focused on helping impacted staff access support from the Redundancy Payments Service and are working with support agencies such as PACE while we market the assets of the business for sale.”