Construction news

• 100 jobs lost as ESS Modular goes into administration

  24-09-2024 11:18 via constructionenquirer.com
  Hull-based offsite specialist ESS Modular is now in administration with the loss of around 100 jobs.
  Tim Vance, Charles King and Andrew Dolliver of EY-Parthenon’s Turnaround & Restructuring Strategy have been appointed as Joint Administrators to trading company Extraspace Solutions (UK) Limited and its subsidiary Spatial Initiative Limited.
  The administrators said the companies have ceased to trade with immediate effect with the majority of the 100 staff made redundant.EY said the comp
  
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• Clegg Construction edges back into profit

  24-09-2024 09:12 via constructionenquirer.com
  
  Nottingham-based contractor Clegg Construction edged back into profit last year after sinking £3m into the red in the prior year.
  The employee-owned contractor said that strong trading through the year had been held back by completion of remaining fixed-price contracts secured in earlier years.
  These final challenging projects had a cost base from 2020 and included student accommodation, care and residential projects affected by market pressures throughout, including subcontractor failures
  
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• ESS Modular staff start looking for new jobs

  24-09-2024 08:30 via constructionenquirer.com
  ESS Modular staff are looking for new jobs with the offsite specialist understood to be heading for administration.
  Collapsed contractor ISG acquired a majority shareholding in ESS in early 2022 but sold it on later that year to parent company Cathexis.
  ESS staff took to LinkedIn on Monday looking for new jobs.One wrote: “Absolutely devastated to be posting this, but me and my amazing colleagues are looking for new roles with immediate effect.”
  ESS subsidiary Spatial Initiative is al
  
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• Beck Interiors collapsed owing £38m to trade creditors

  24-09-2024 08:18 via constructionenquirer.com
  
  The collapse of luxury fit-out specialist Beck Interiors will hit its trade creditors for nearly £38m.
  Details of the extent of the fit-out firm’s debt with subcontractors and suppliers have been revealed in a report from administrators Begbies Traynor.
  The fit-out firm went down with the loss of around 148 jobs at the end of July, mainly due to a contract dispute with a client causing £16m to be withheld.Around 70 other staff jobs were saved from the sale of two key London hot
  
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• Galliford Try wins £89m Aylesbury bypass job

  24-09-2024 08:14 via constructionenquirer.com
  
  Galliford Try has clinched an £89m order to complete the South East Aylesbury Link Road project on behalf of Buckinghamshire Council.
  The SEALR project will see the construction of 1.1 miles of dual carriageway including three new roundabout junctions, linking the A413 Wendover Road with the Stoke Mandeville Relief Road, and easing congestion in the centre of the town.
  Bill Hocking, chief executive of Galliford Try, said: “The local authority sector is a key focus for our Infrastruct
  
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