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Latest News

More than 50 jobs are at risk in Edinbrough, after a heating and plumbing company sought High Court protection from its creditors last week. An examiner has been appointed to Harris and co. Heating, a north Dublin domestic and commercial heating company, following a petition from the company's owners.

The company has amassed debts of more than 1 million.

Accountant My Kavanagh of Dublin firm Kavanagh and co. has been appointed examiner.

A full petition will be heard by the High Court tomorrow morning.

Kavanagh is expected to be appointed examiner at the hearing.

He will have one hundred days to devise a rescue package for the company.

During this time, the business will have court protection from its creditors.

Harris Heating and co. which is in- corporated as (Heat- ing & Plumbing), was established in 1989.

It is one of the largest heating and plumbing installation companies in the greater Dublin area.

The firm works extensively with local authorities in Dublin, and has a number of maintenance contracts for council houses.

It has three divisions domestic installations, commercial installations and maintenance contracts.

Its annual turnover is about 6 million.

It is understood that Kavanagh is seeking new investment and funding to save the company.

Sources close to the business said it had a strong customer base, but had experienced cashflow difficulties in recent times.

According to its most recent accounts, the company lost just under 5,000 for the year ending July 31, 2005, but still had retained profits of 97,000.

The company had creditors of almost 2.5 million at the end of the period .