Tuesday, February 25, 2025

Nottingham firm enters liquidation, 65 jobs lost

Innovation Laser Limited, a Nottingham-based architectural fabrication and laser-cutting company, has entered liquidation, resulting in 65 redundancies. Joint liquidators James O. Everist and Andrew J. Cordon of CFS Restructuring were appointed on February 10, 2025.

The company, founded in 2016, owes £3.6 million to 142 creditors. Employees are owed £39,557 in unpaid wages and holiday pay, but only £11,000 has been raised through asset sales for preferential creditors.

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