Administrations

Groundworks and civil engineering contractor NRI Civils has gone into administration. The Northamptonshire-based firm specialised in domestic and commercial groundworks, as well as road and sewer projects. Earlier this year, it was involved in a troubled Barratt Homes development at Darwin Green, Cambridge, where about 70 new-build homes were scheduled…

Newly released Creditsafe data shows that construction administrations almost doubled year-on-year in October, with 37 failures compared with 19 the year before. And the year-to-date total of 312 marks a 58 per cent increase compared with the first 10 months of 2022. Eleven firms were large enough to file turnover…

A £57m-turnover West Yorkshire contractor has ceased trading after projects were delayed or cancelled. Bradford-headquartered HB Projects, which specialised in work throughout the retail, commercial and industrial sectors, said this week that it was going to appoint administrators. The firm’s directors said in a statement: “This has been a difficult…

Homes England is set to receive just 0.1 per cent of the £69m it is owed by Ilke Homes, after the firm’s administration process was hit by equipment theft and problems selling completed modules. The collapsed modular homebuilder owes £321m to its creditors, including £68.7m to Homes England – but…

Structural steelwork specialist James Killelea is set to cease trading. The Lancashire-based firm, which has been in business for 53 years, filed a notice of intention to appoint administrators on Friday (13 October). Many of Killelea’s employees posted on LinkedIn on Friday that they were looking for new jobs. Killelea was…

Buckingham Group was the highest-profile casualty in September as business failures increased by 40 per cent year-on-year The three months from July to September saw 101 construction-company administrations – a record quarterly total since Construction News began publishing monthly data from Creditsafe in January 2020. The September total of 28…

Michael J Lonsdale, one of the UK’s largest M&E contractors, has appointed administrators. The company, which has offices in London and Langley, Berkshire, was founded in 1986 and turned over more than £2.9bn in almost 40 years of trading, working on major project such as the 51-storey 8 Bishopsgate tower…

Buckingham Group imploded owing more than £108m, according to its administrators. The tier one contractor collapsed earlier this month after suffering “significant and increasing losses incurred on key sports and leisure contracts due to inflation pressures”, according to a statement of proposals document written by administrators from Grant Thornton. Buckingham,…

Housebuilder and brownfield developer Inland Homes is set to appoint administrators, as ongoing uncertainty related to regulatory compliance means it cannot publish audited accounts for the past two financial years. Inland filed a notice of intent to appoint administrators yesterday (27 September), with the directors selecting David Hudson and Phil…

Housing contractor Real LSE has filed a notice to appoint administrators. The £19m-turnover firm sent the application to the Companies Court last Friday (22 September), according to CreditSafe. Real LSE is a subsidiary of Real Group, focusing on projects in London and the South East of England. It made a…