{"id":29157,"date":"2025-02-21T01:50:10","date_gmt":"2025-02-21T09:50:10","guid":{"rendered":"https:\/\/essential.construction\/news\/administrators-take-control-at-acheson-construction\/"},"modified":"2025-02-21T01:50:10","modified_gmt":"2025-02-21T09:50:10","slug":"administrators-take-control-at-acheson-construction","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/administrators-take-control-at-acheson-construction\/","title":{"rendered":"Administrators take control at Acheson Construction"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-495133\">\n\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>Administrators from Grant Thornton made 40 staff redundant immediately when they took control of the regional contractor this week.<\/p>\n<p>Joint administrators Richard Lewis and Alistair Wardell said the \u00a353m turnover firm had ceased trading on their appointment.<\/p>\n<p>Lewis said: \u201cThe business has been impacted by increased costs on fixed priced contracts, delays in the commencement of new projects and a dispute over amounts due under a key contract.<\/p>\n<p>\u201cWhilst the directors had considered alternative options, they sadly concluded it was no longer viable to continue to trade.<\/p>\n<p>\u201cOur efforts are initially focussed on supporting employees with making claims to the Redundancy Payments Service, securing physical assets and gathering information and evidence to support any claims the company has under contracts including in relation to retentions.\u201d<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n<div class=\"author-info\">\n<div class=\"sleeve\">\n<div class=\"author-avatar\">\n<div class=\"sleeve\">\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/userphoto\/3.jpg\" alt=\"Grant Prior\" width=\"150\" height=\"150\" class=\"photo\">\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p><!-- .author-info -->\t\t\t<\/footer>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructionenquirer.com\/2025\/02\/21\/administrators-take-control-at-acheson-construction\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Administrators from Grant Thornton made 40 staff redundant immediately when they took control of the regional contractor this week. &#8230; <a title=\"Administrators take control at Acheson Construction\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/administrators-take-control-at-acheson-construction\/\" aria-label=\"Read more about Administrators take control at Acheson Construction\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[],"class_list":["post-29157","post","type-post","status-publish","format-standard","hentry","category-construction-enquirer","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/29157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=29157"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/29157\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=29157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=29157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=29157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}