Administrations

A contractor that carried out projects worth up to £15m has fallen into administration. Westridge Construction Ltd filed a notice of intention to appoint administrators on 12 September – now a new notice confirms that Vincent Green and Steven Edwards of Crowe UK were appointed as administrators three days later.…

Tolent’s administrators have said the collapsed firm will be unable to pay most of its debts, leaving former staff £584,000 out of pocket. Interpath, the company appointed to oversee the administration of the companies in the Tolent group, also said that HM Revenue & Customs was also unlikely to recoup…

One company came close to snapping up Ilke Homes for £25m in June, a new administrators’ report has revealed. Administrators announced that 36 businesses were approached about buying the North Yorkshire-based modular specialist in May and June. One bid for the company was received that would have seen it sold…

A £64m-turnover contractor based in East Sussex has filed a notice of intention to appoint administrators. Catsfield-based Westridge Construction Ltd made the move on Tuesday (12 September) and retained Cripps as legal counsel. Construction News approached Westridge Construction for comment yesterday afternoon (12 September), but received an automated message that…

J Tomlinson owed £33m to creditors when it collapsed in July. Hundreds of suppliers are set to lose money from the insolvency, with assets for the 100-employee company expected to be worth only £788,000, according to joint administrators Rajnesh Mittal and Nathan Jones of FRP Advisory. While primary preferential creditors…

An all-time monthly high of 44 firms went under in August, with more indications of a slowdown on the horizon Administrations in the construction sector reached a new monthly record in August, with 44 companies going under – more than double the 20 recorded in the same month last year.…

Kier has saved 180 jobs after buying Buckingham Contracting Group's rail business for £9.6m. Buckingham was set to become the largest construction firm to collapse since Carillion, when it filed a notice to appoint administrators on 16 August, citing losses on three of its stadium jobs and an earthworks project…

Haydon Mechanical & Electrical owed trade suppliers and subcontractors almost £10m when it collapsed earlier this month. The London Docklands-based firm, which had been trading for almost 140 years, entered administration as a result of legal and financial difficulties, making 36 employees redundant. A report from insolvency practitioners Leading UK…

Administrators appointed to oversee the dissolution of Mid Group have gained a year-long extension to investigate some of the firm’s transactions. The joint administrators, from Cowgills, wrote to the creditors on 20 April 2023 to ask for consent to extend the administration period, which was due to end in July…

A break-in at the factory of collapsed modular firm Ilke Homes resulted in the theft of equipment that had been sold at auction two days earlier. Ilke Homes’ Flaxby Moor factory in Yorkshire was broken into on the evening of 19 August. A “large amount” of equipment worth thousands of…