{"id":33850,"date":"2026-01-09T13:23:13","date_gmt":"2026-01-09T21:23:13","guid":{"rendered":"https:\/\/essential.construction\/news\/future-of-construction-firm-in-administration\/"},"modified":"2026-01-09T13:23:13","modified_gmt":"2026-01-09T21:23:13","slug":"future-of-construction-firm-in-administration","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/future-of-construction-firm-in-administration\/","title":{"rendered":"\u201cFuture of construction\u201d firm in administration"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-504691\">\n\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>The firm\u2019s products included Cementene \u2013 a concrete admixture hailed as the \u201cfuture of construction\u201d which boosts strength and cuts carbon.<\/p>\n<p>Versarien has trialled its products on HS2 and signed a deal with Balfour Beatty to work on new products.<\/p>\n<p>Andrew Knowles and Andrew Poxon from Leonard Curtis have now been appointed Joint Administrators of the AIM listed firm.<\/p>\n<p>The company had been making losses for several years and had been exploring a potential sale for months.<\/p>\n<p>Knowles said: \u201cWe are disappointed that a solvent sale of the business did not take place, despite reaching out to both industry and non-industry specific parties.<\/p>\n<p>\u201cHowever, we are currently in negotiations with several parties who are looking to acquire the business and assets from the administrators.\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\/2026\/01\/09\/future-of-construction-firm-in-administration\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The firm\u2019s products included Cementene \u2013 a concrete admixture hailed as the \u201cfuture of construction\u201d which boosts strength and &#8230; <a title=\"\u201cFuture of construction\u201d firm in administration\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/future-of-construction-firm-in-administration\/\" aria-label=\"Read more about \u201cFuture of construction\u201d firm in administration\">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-33850","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\/33850","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=33850"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/33850\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=33850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=33850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=33850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}