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

Yorkshire's Quarmby Construction set for administration

Forty-year-old West Yorkshire firm Quarmby Construction is set to go into administration.

Its parent group St James’ Securities Holdings confirmed a notice of intent to appoint an administrator has been lodged and administrators will take over “imminently”.

More than 30 people worked for the construction firm.

According to research company Glenigan, Quarmby, based in Ilkley, was carrying out contracts generally in the £2m to £5m range across commercial, residential, leisure and industrial, with some much larger contracts.

It had been shortlisted for the prestigious £35 million Buxton Spa hotel scheme last year, against ISG, Vinci Construction and GF Tomlinson.

Quarmby Construction’s website said it is “one of the largest privately owned construction specialists in the north of England by turnover”.

Roger Quarmby, the chairman of Quarmby Construction who founded it in 1972, said in a statement to the Yorkshire Post: “This is a very sad day for everyone concerned with the company founded over 40 years ago.

“There is unfortunately no alternative but to enter administration.”

St James Securities is a Leeds-based commercial property development company.

St James’ said the downturn in the construction industry has made trading difficult for Quarmby Construction during the past 12 months as the company has failed to secure sufficient profitable new business.

They and the other investors decided “it was no longer viable to continue to provide funds to keep the company going”.

 

 

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.