Administrations

A Taunton-based precast facade specialist has entered administration. Nearly all of Sterling Services Limited's employees have lost their jobs, with just one of the 45 staff being kept on temporarily to help with the administrative side of the company. Sterling, which was established in 1997, was hit by the “impact…

Work is still stalled on two major Tolent projects, two months after the Gateshead-based contractor collapsed. The £200m-turnover contractor entered administration in mid-February, leaving numerous projects at a standstill. Among them was a £40m project to build part of the new Vaux neighbourhood at Riverside Sunderland, started in June 2022.…

Teesside facades specialist Topside Group has ceased trading, with the loss of 30 jobs. The firm, which was established in 1992 and operated from Cowpen Lane Industrial Estate in Billingham, appointed Greg Whitehead of Northpoint Insolvency Practitioners as administrator. Topside designed, fabricated and installed external building elements such as cladding,…

A long-established Scottish construction company has entered liquidation, with 15 jobs being lost. Stewart & Shields, a family firm based in Helensburgh on the Firth of Clyde, had been operating for over 60 years before falling victim to contract delays, rising material costs and labour-market challenges. The company, which also…

A contractor that turned over £40m five years ago has made an application for administration, while one of its sister companies has entered liquidation. Construction News revealed in February that Henley Construct, a residential builder headquartered in Battersea, south-west London, had placed most of its staff on unpaid leave citing…

Affordable-homes builder Lane End Developments Construction has entered administration. Last month the Warrington-based company revealed it was in talks with a buyer over a potential takeover, adding that it was “entering the final stages of negotiations and due diligence to secure a successful share purchase”. But the firm, which had…

Industry ‘disruptor’ Spatial Initiative has bought troubled rival Eco Modular Buildings in a deal that saves more than 50 jobs. The Manchester firm, part of ESS Group, acquired the Hull-based offsite-construction specialist from administration. Eco Modular Buildings previously warned that it expected to make a loss in the current financial…

Thirty-eight construction companies fell into administration in March. Not only was the total eight higher than February’s tally and 23 more than January, but it also marked an all-time high since Construction News began publishing monthly administrations data from Creditsafe in January 2020. The previous record was set in February…

Channel Islands-based contractor Garenne Construction Group Ltd (GCGL) has been placed into administration. Geoff Jacobs and David Standish from Interpath Advisory and Linda Johnson and Leonard Gerber of KPMG Advisory have been appointed as joint liquidators of the firm, which was declared as insolvent. The administration is the latest in…

A County Durham-based structural steel supplier and installer is set to be liquidated next week, Construction News can reveal. Intelligent Steel Solutions Ltd, which operates from a three-hectare site in Peterlee, provides cold-formed structural steel to construction projects. Its website says its services include light gauge cold form structural steel,…