Water Coolers For Schools, Offices and Home, Cold Water Coolers
Article added on March 28, 2010
Scores of workers at Powwow water cooler company are facing the axe after administrators “mothballed” their company.
Powwow, which has its headquarters on the Oxford Business Park, Cowley, was taken into administration by financial recovery firm Deloitte on Thursday evening with about fifty staff told the bad news after turning up for work this<<fri>> morning.
And rather than keeping it operating as a going concern, the joint administrators, John Reid and Brian Milne, decided to shut it down immediately.
Mr Reid said: “powwow has been suffering severe cash flow problems.
“We intend to mothball the business whilst seeking a purchaser for the business and assets. Unfortunately the majority of the staff will be made redundant whilst we consider the options for the business.”
Workers were told of the decision at a meeting yesterday morning and said the company’s systems had been shut down.
One said: “The worst part is we have been working for nothing for the last month as we have not been paid. I feel very angry and let down.”
Powwow has 9 distribution centres across the UK and two production sites at Chesham in Buckinghamshire and Fillongley in the West Midlands.
It has about 50,000 customers nationally and employs a total of 360 staff.
Powwow water coolers was originally owned by food giant Nestle and was set up in 2003. In February 2009 it was bought out by a new firm, the Lomond Hills Water Company.
However some powwow drivers thrown a lifeline .. that might be some bright news for a few drivers from the Birmingham and Manchester depots as Natural Welsh Water are looking to employ drivers in that area.
If you are a driver for powwow then we would be very pleased to talk to you please call in confidence 01691-700000 or 01691-688999 and speak to Mike Webb
RELATED ARTICLES
LATEST WATER COOLER ARTICLES
ALSO IN THE NEWS
Water coolers for Domestic CustomersDomestic Customers
If you put the clock back 40 years, we all strove to own our own house. Then as time went on came the desire to have fitted carpets, a washing machine to replace the mangle; a fridge instead of a cold store; colour television; a video; double glazing to keep out the noise and [...]
MORE ARTICLES
Just some of our better known customersWATER COOLERS FOR OFFICES
At Natural Welsh Water we have the perfect water coolers for your office or workplaceWATER COOLERS FOR SCHOOLS AND COLLEGES
We work with a number of schools and colleges across the region to provide water coolersMORE HEADLINES
