A big insurance company by me call Anglia ( Dyserth) was bought out a couple of years ago by one of the large homeserve franchises.
Looks like they are in trouble.
Are times getting harder?
This is from my local paper
THE FUTURE of employees at a major Denbighshire company has been plunged into doubt with the news that 90 people could be made redundant.
The property repair company HomeServe said it is facing challenging economic conditions and admits it has started a consultation period with staff.
The company, which has sites in Dyserth, Shrewsbury and Warrington, repairs properties after a householder has had a fire or water pipe damage at their home and contacted their insurers.
Office workers, estimators and tradesmen are said to be among employees hit by the latest redundancies.
Known as Anglia HomeServe in Dyserth, the company had already shed jobs before Christmas and one worker said staff were told last week that 90 more redundancies are imminent.
One unnamed worker said: “We’re absolutely devastated. Morale is really low and everyone is worried to death. There used to be 280 staff across our three sites in the UK until 18 months ago.
HomeServe interim PR director Ian Whitaker would not comment on the claim that 90 job losses had been announced.
Nor would he comment on any losses before Christmas.
But Mr Whitaker did say in a statement: “As a result of the challenging economic environment, which is affecting many UK businesses, HomeServe Emergency Services is facing pressure on margins and trading volumes.
“We have moved quickly to respond to these market conditions, reorganising our businesses to help secure long-term profitability while maintaining service levels to key clients.
“In our Anglia business, we have undertaken a fundamental review of the business and have now begun a period of consultation with affected employees.
“The majority of employees within the Anglia business are not impacted by the change and continue to work normally.
“HomeServe’s three membership businesses continue to progress well, with our international businesses expected to deliver a profit on a combined basis for the first time this year.
“Our UK membership business in particular continues to perform well, with sales and renewals remaining strong in the fourth quarter of 2008.”
In May 2007, Homeserve plc announced it had acquired the Dyserth-based business Anglia NW Ltd in a move that added an additional 204 employees to its “market leading” property repairs business.
At that time, the FTSE 250 company employed more than 4,000 staff at several sites in its warranties, home repair and home emergency businesses.
The acquisition of Anglia, which includes the Dyserth and Shrewsbury premises, was said in 2007 to “expand its property repairs capability”.
