Joint
administrative receiver Roger Marsh said: 'We shall be holding urgent talks with suppliers over the course of the next few days and believe that with their support we have the best chance to try and secure a future for the plant.'
But Tom Burton, of E&Y who is joint
administrative receiver, warned investors, many of whom have already seen the value of their holding fall by 90pc, that they may not get any money back.
Adrian Berry, Joint
Administrative Receiver at Deloittes said: "The hotels have, to varying degrees, been affected by the poor market conditions of recent times, and have good underlying businesses in central locations, making them an attractive opportunity for prospective purchasers.
An
administrative receiver's report on Hulse (Electrical Contractors), which collapsed in September, shows unsecured creditor claims from 456 different parties.
Ross Connock, joint
administrative receiver and director at PwC said: "We are pleased to have secured a sale of the business to Gerald D Harries &Sons that protects 66 jobs in West Wales and secures value for the creditors of F.H Gilman.
Joint
administrative receiver Roy Bailey said: "Marriott will continue to operate the hotels and this decision will not affect customers, suppliers or employees of the hotels."
The
administrative receiver of Buczek Automotive was also reluctant to discuss the case, but when pressed about the firm's future, he conceded: "It doesn't have a future."
Shortly after the appointment of Price Waterhouse Coopers as
administrative receiver the warehouse management systems division was sold to Anisa UK, and its shipping and logistics division was sold to Nottingham-based Four Soft UK, involving the switch of all the UK staff and most 126 overseas employees in India, Singapore and America to the new owners.
AnswerCall Direct, which operates out of Armagh, has called in PricewaterhouseCoopers (PwC) as joint
administrative receiver after hitting problems following the loss of contracts.
Situated in east Glasgow, the company, which employs 230 workers, has been operating under joint
administrative receiver Iain Bennet from PricewaterhouseCoopers.
Nobuyuki Hirabayashi, former chairman of Tsuneishi, will serve as an
administrative receiver, the company said.
Joint
administrative receiver Andrew Andronikou issued a statement to the creditors.