{"id":32810,"date":"2025-10-17T11:31:11","date_gmt":"2025-10-17T18:31:11","guid":{"rendered":"https:\/\/essential.construction\/news\/offsite-specialist-merit-files-administration-notice\/"},"modified":"2025-10-17T11:31:11","modified_gmt":"2025-10-17T18:31:11","slug":"offsite-specialist-merit-files-administration-notice","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/offsite-specialist-merit-files-administration-notice\/","title":{"rendered":"Offsite specialist Merit files administration notice"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-502515\">\n\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>Court records show the notices have been lodged for Merit Holdings Ltd and Merit Health Ltd.<\/p>\n<p>Last month the firm\u2019s holding company Merit Group Services was hit by a winding-up petition from HM Revenue and Customs.<\/p>\n<p>A spokesperson for Merit said: \u201cThe recent filing of a winding up petition against Merit Group Services resulted in certain customer projects experiencing delays, which in turn has placed significant additional pressure on the Group\u2019s cashflow.<\/p>\n<p>\u201cWe have therefore taken the decision to file a Notice of Intention to Appoint Administrators in order to protect the position of the business while we explore options. We remain confident that a solution to this difficult situation can be found.\u201d<\/p>\n<p>Merit is understood to be in ongoing talks with Interpath Advisory about new funding.<\/p>\n<p>Latest results at Merit Holdings for the year to June 30 2024 show a turnover of \u00a386.5m generating a pre-tax profit of \u00a32.7m.<\/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\/10\/17\/offsite-specialist-merit-files-administration-notice\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Court records show the notices have been lodged for Merit Holdings Ltd and Merit Health Ltd. Last month the &#8230; <a title=\"Offsite specialist Merit files administration notice\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/offsite-specialist-merit-files-administration-notice\/\" aria-label=\"Read more about Offsite specialist Merit files administration notice\">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-32810","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\/32810","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=32810"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/32810\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=32810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=32810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=32810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}