The Manchester based urban splash residential Development Company requested advice on a reduction in its workforce from the government just before Christmas. Blaming the current economic climate the company drastically cut its satellite workforce in the south of the country.
The company based in Manchester and set up by a young entrepreneur, is set on producing modern and affordable housing around the country.
It’s responsible for a number of high profile city based projects and was one of the boom success stories of the new millennium. Set up in 1993 by a recently graduated history student, an architect an interior designer and a chartered surveyor got together and decided that they wanted to breathe new life into the old factories that surrounded them, in Manchester and Liverpool
The problems were faced they say not by their own financial situation but that of their customers, the young professionals they target were finding it increasingly harder to find funding to allow them to buy a new property, The workforce was cut at the end of 2008, so how are the company doing now?
Well they have projects running all over the country again, Manchester, Bristol, Leeds, West Midlands, the list goes on, let’s hope that this firm are finding their feet again and the economic climate is changing for the better.