According to Residential Systems, Screen Research has been placed in receivership.
They got into trouble because sales were down 15%, due to the economic climate.
I’m not sure that’s they only problem. OK, they have a big margin on their products,
but 23 people on a 2.3 million turnover?
Not surprisingly, they now want to reduce their workforce to below 20 people.
Let’s see if they are still around in 6 months time…