Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Cornhill Construction goes into administration

Cornhill Construction has gone into administration, joining sister companies Cornhill Interiors and Cornhill Retail.

Around 18 staff were made redundant prior to the company going into the hands of Colin Wilson of Tenon.

Mr Wilson said: “All of the companies are now in administration. All staff have now been made redundant.”

Cornhill’s interior and retail divisions went under on 3 March. Cornhill Property went into administration on 6 March, causing the loss of three jobs. The construction arm went into administration on 12 March.

Tenon is now trying to sell on the companies’ main contracts through agents Naismiths, including a contract on Fenchurch Street in London and one in St Andrews in Scotland.

The companies have been hit hard by the recession, and opted to go into administration.

Administrators are trying to sell the main assets to return cash to the companies’ 375 creditors, which include suppliers and sub-contractors.

Cornhill Interiors and Cornhill Retail made 21 people redundant when they went into administration, and was running with 41 staff to maintain the goodwill of the contracts.