Laser shuts shop

Laser - Northern Ireland’s largest independent electrical retailer - went into administration last Thursday.

The company employs 140 staff in 10 stores across Northern Ireland including the recently built premises at Millennium Way, which struggled to find its feet.

It's a blow not only for staff but for the local sports scene with Laser being a key sponsor of Lurgan Cricket Club. It’s been a bad year at Pollock Park with the rugby section having lost the sponsorship of Euro Construction when the Waringstown company also went into administration.

Laser, which celebrated its 25th anniversary last year, is headed by directors Liam Scullion and Maurice Peacock, having bought out the previous management in the late ‘90s.

KPMG were appointed joint administrators of Laser Electrical Limited on Thursday, April 1. The administrators met staff at each shop and at company HQ on Friday morning.

Employees were advised not to return to work until further notice with KPMG in the process of contacting all creditors of the company.

Anyone who has a claim against the company or any goods on the premises have been told to call 9089 3742 or email [email protected]

If you’ve paid for your goods in full and are awaiting a delivery that does not arrive and you’ve paid by credit card, debit card, cash or cheque you should visit www.consumercouncil.org.uk to find out your rights.

Customers are advised to read the terms and conditions of their warranty and check who it is with. If it is with Laser contact KPMG. If the warranty is with an independent company, which is still in business contact them to check that your warranty is still valid.

If the shop arranged the credit agreement for goods costing between 100 to 30,000 and goes bust before you take delivery, you may have rights against the finance company that the credit agreement is with.

Remember, if you have received your goods and the business goes bust you must pay the finance company the full amount for your goods under the terms of your credit agreement.

If you still have questions or concerns contact Consumerline on 0845 600 6262 or 9025 3900 or visit www.consumerline.org