Home Business UK construction company plunges into administration – in business since 2014 | UK | News
Business

UK construction company plunges into administration – in business since 2014 | UK | News

Share


A UK construction contractor that has been operating for more than a decade has fallen into administration. Calvert Construction Limited, which specialises in commercial building projects across the retail, industrial, demolition and civil engineering sectors, formally entered administration following an appointment of administrators made on Friday, May 1, according to The London Gazette.

The appointment was confirmed in the High Court of Justice, Business and Property Courts in Manchester, Insolvency & Companies List (ChD). Joint administrators Anthony Milnes and Mike Dillon of Leonard Curtis were appointed to oversee the process.

The insolvency notice stated the company’s nature of business as the “construction of commercial buildings”.

On its LinkedIn, Calvert Construction said its objectives are to “deliver all projects safely and beyond expectations”, adding that its location in Addingham near the Yorkshire and Lancashire border provides strong transport links across the UK.

Companies House records also show that compulsory strike-off action against the company had been suspended shortly before the administration process began.

A filing dated April 16 2026 stated that action under Section 1000 of the Companies Act 2006 had been “temporarily suspended as an objection to the striking off has been received by the Registrar.”

This meant the company avoided being removed from the register while objections or further proceedings were being considered.

Administration is a formal insolvency procedure under the Insolvency Act 1986 designed to protect financially distressed companies from creditor action while restructuring options are explored.

Once a company enters administration, control of the business passes from directors to licensed insolvency practitioners, known as administrators.

The process can be used to try to rescue the business as a going concern, secure a sale of the company or its assets, or achieve a better return for creditors than immediate liquidation would provide.

During administration, a legal moratorium prevents most creditor enforcement action while proposals are prepared.

Administrators are required to present their proposals to creditors within eight weeks of appointment. Depending on the outcome, the company may eventually be rescued, sold, liquidated or dissolved.

The Daily Express has approached Calvert Construction Limited for comment.



Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Business

UK Tax Authority to Make Foreign Branch Exemption Mandatory | Paul Hastings LLP

On 21 May 21 2026, HMRC published a policy paper proposing significant...

Business

How much personal data is in my car and what can I do about it?

What will you leave behind when you sell your car, hand it...

Business

UK to challenge EU over ‘devastating’ plans to almost halve tariff-free steel import quotas | Steel industry

The UK business secretary, Peter Kyle, is to raise concerns about EU...

Business

Amazon boss refuses AGAIN to come clean about online giant’s UK tax bill

The head of online giant Amazon in the UK claims revealing full...