Two extra building corporations are going through administration, in accordance with court docket filings.
Norwich-based steelwork contractor Fourbay Buildings filed a discover of intention to nominate an administrator on Thursday (15 August). It got here a day after Hodgkinson Builders Restricted, the social housing division of Derby-based contractor Hodgkinson, did the identical.
A spokesperson for Hodgkinson mentioned its brickwork division “stays utterly separate and unaffected” by the transfer, including that the corporate is in discussions to promote Hodgkinson Builders Restricted.
Fourbay Buildings was based in 1993 and, in accordance with its web site, undertakes the “design, element, manufacture, shot blast, paint, erect[ion] and clad[ding] of metal body buildings from 2 tonnes or much less to 600+ tonnes”.
The corporate, which employed about 19 workers in 2023, has labored on the eight-storey Tower Bridge Courtroom constructing in central London, in addition to Bedford Police Station, a number of faculties, a constructing for the College of Essex and a waste facility in Hounslow.
Fourbay Buildings didn’t reply a phone name or reply to a written request for remark.
Hodkinson Builders Restricted, in the meantime, was based in 2011 and had a mean of 28 workers in its 2022-23 monetary 12 months. The corporate is believed to be engaged on round three websites for social housing suppliers.
A spokesperson for the corporate mentioned: “Because of the building inflation over the previous few years, the rising price of residing and the ensuing monetary pressures on building companies resembling ourselves, we’ve taken the very troublesome resolution to shut our social housebuilding division.
“Now we have taken this troublesome resolution earlier than extra prices are accrued from the subcontractors and suppliers, who we worth most extremely.
“However there may be potential excellent news on the horizon, as we’ve since been approached by a variety of events who’ve expressed an curiosity in taking over the social housing enterprise.
“Negotiations are presently underway and so we’re hopeful of a constructive consequence for all involved.”
The spokesperson added: “By way of our personal challenges, regardless of the earlier authorities directives for housing associations to interact smaller contractors and builders, there was a transparent lack of help for such contractors in observe, and the present state of affairs has impacted us and people we work with massively.
“We need to emphasise that the Hodgkinson contracting brickwork division stays utterly separate and unaffected by our social housing resolution. Enterprise operations in that division will proceed as regular.”
Final week, North of England contractor Trent Civils UK filed a notice of intention to appoint an administrator, whereas 19 building corporations entered administration in July.
