Administrations

Former employees of the collapsed utilities specialist NMCN have taken the business to tribunal over the handling of their redundancies. The 26 employees of the £400m-turnover firm, which appointed administrators in October, say the company failed to consult with them about the job losses. If they succeed at the employment…

Twenty-four construction-related businesses went into administration in March, Construction News can reveal. Although the figure is a slight decrease from the 31 failures recorded in February, it is still more than the 23 that went under in October, which was the highest total for a single month in 2021. Business…

London-based fit-out specialist Twenty 1 Construction has called in administrators. The £68m-turnover company, which mainly worked across London and the South East, appointed administrators from Grant Thornton last week. Construction News was first alerted to issues at the company four weeks ago and understands that directors at Twenty 1 Construction…

Employees from collapsed civils contractor Roadbridge have sought legal advice over compensation claims. Linder Myers solicitors told CN that ex-employees from Roadbridge UK may be able to claim significant compensation if it is proved that they had not been adequately consulted prior to the redundancy notice issued last week. On…

Midlands-based contractor Caledonian Modular has collapsed, leaving more than 200 jobs at risk. The offsite manufacturing specialist, which had a turnover of £45.3m in its most recent published accounts, gave notice on Companies House this morning that it had entered administration. Caledonian was registered to an address in Edinburgh, but…

The number of administrations recorded in the construction industry last month was at its highest level since the start of the pandemic. In total, there were 31 administrations in the construction industry in February 2022, the biggest total in nearly two years (see full breakdown below). According to data collected…

A mega residential, office and retail scheme is under threat following the collapse of the developer into administration. The developer-contractor behind the £170m Great George Street project in Liverpool, which included plans to build 76,400 square feet of office space and 631 homes, has appointed administrators from Begbies Traynor and…

Four former directors of Midas Group, which went into administration last month, have expressed concerns about the impact on its network of subcontractors. The construction and property services firm with a turnover of £290m went down owing creditors £22.1m, and its administrators said that unsecured creditors were not unlikely to…

Interserve plc has been officially wound up at the High Court – although protracted efforts to get hold of its shares in a Qatari business will continue. Documents filed on Companies House this week reveal that a legal order was made on 21 January bringing to a close EY-Parthenon’s 1,044-day…

Failed contractor Cleveland Bridge has been fined £1.5m after an electrician fell 8 metres to his death. Teesside Crown Court heard how, on 25 October 2016, electrician Keith Poppleton was contracted by Cleveland Bridge to repair wiring which had short circuited on the lifting equipment on a 26-metre-high overhead gantry…