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

Concrete contractor in administration

Concrete frame contractor Concentral has been put into administration, with the loss of 40 jobs.

The Nuneaton firm which had recently worked on high profile schemes including the £6 million Meridian Gate mixed use development for Miller Construction, and Sir Robert McAlpine’s £4 million Peat House job in Birmingham, will not be sold as a going concern.

Adminstrator, Martin Pickard from accountants, Mazar in Milton Keynes, said jobs had overrun, and the bad weather made it difficult to turn them around.

“Concentral took on contracts which did not go well for them. There were overruns, and consequently it ran out of cash at exactly the wrong time of year.”

All the men have already been laid off. “There is no chance of selling this as a going concern,” said Mr Pickard.

Concentral was set up in 2006 by former Laing O’Rourke employees, Martin Hewlett and Graeme Stewart.

The trading company Concentral Ltd and Concentral Plant, which owned the plant equipment, have both been placed into administration.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.