Administrations

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…

Wates has picked up the job to build the first of four new neighbourhoods on the site of Sunderland’s former brewery, taking over from collapsed contractor Tolent. Sunderland City Council announced Wates' appointment as preferred contractor for the scheme, which will see it complete the partially built 135-home Vaux housing…

The owners of three major stadiums are awaiting the outcome of efforts to sell Buckingham Group, as progress on the projects remains in limbo. Last week the contractor, which employs around 660 people, announced it had ceased trading after filing a notice of intention to appoint administrators. The notice gives…

The Department for Education (DfE) says it is reviewing all work carried out by Caledonian Modular after three schools it delivered have had to be closed due to fears over structural and fire safety. As Construction News reported yesterday, Haygrove School in Somerset and Sir Frederick Gibberd College in Essex…

A steelwork and cladding firm with bases in northern England and Scotland has collapsed, leading to the loss of more than 40 jobs. Border Steelwork Structures Ltd, which has its head office in Carlisle and a fabrication site in Dumfriesshire, appointed administrators following a “dramatic downturn” in takings. The firm…