Crane hirer M&M enters voluntary liquidation
Crane hirer M&M enters voluntary liquidation
Abstract
The mobile crane hire business is based in Slough with depots in Kent, Aylesbury and Welwyn Garden City. All staff are to be fully paid and creditors paid off in full. Latest accounts for the 12 months to the end of March 2021 show M&M Mobile Crane Hire to have ยฃ2.3m of net assets. 17 cranes to be sold by Euro Auctions on 14 September in Leeds.
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Established in 1988 by the Tierney family, the mobile crane hire business is based in Slough with depots in Kent, Aylesbury and Welwyn Garden City. A source told the Enquirer: โWe were all told of the decision at the end of last week. All staff are to be fully paid and creditors paid off in full. โThe family just decided theyโd had enough. The end of the red diesel rebate has escalated already rising fuel costs. โSay we were spending ยฃ500,000, that would have risen to ยฃ1.2m. Hire rat...
Established in 1988 by the Tierney family, the mobile crane hire business is based in Slough with depots in Kent, Aylesbury and Welwyn Garden City. A source told the Enquirer: โWe were all told of the decision at the end of last week. All staff are to be fully paid and creditors paid off in full. โThe family just decided theyโd had enough. The end of the red diesel rebate has escalated already rising fuel costs. โSay we were spending ยฃ500,000, that would have risen to ยฃ1.2m. Hire rat...
Euro Auctions staged the sale which attracted buyers from across the globe. David Betts from Euro Auctions said:ย โThis was a โsale within a saleโ and it attracted a true international audience. โNormally Euro Auctions would have conducted a stand-alone โoff siteโ sale for an inventory such as this, but it was decided we would create more of a statement at our 85-acre Leeds auction site. โWith all 22 cranes from 35 tons to 130 tons, in a line with boom-up, it was a very impressi...
Euro Auctions staged the sale which attracted buyers from across the globe. David Betts from Euro Auctions said:ย โThis was a โsale within a saleโ and it attracted a true international audience. โNormally Euro Auctions would have conducted a stand-alone โoff siteโ sale for an inventory such as this, but it was decided we would create more of a statement at our 85-acre Leeds auction site. โWith all 22 cranes from 35 tons to 130 tons, in a line with boom-up, it was a very impressi...
Finally, Megaprojects Galore
ConstructConnect announced today that April 2022's volume of construction starts, excluding residential work, was $52.6 billion, an increase of +50.7% (i.e., by half) versus Marchโs figure of $34.9 billion (previously reported as $34.4 billion).
Finally, Megaprojects Galore
ConstructConnect announced today that April 2022's volume of construction starts, excluding residential work, was $52.6 billion, an increase of +50.7% (i.e., by half) versus Marchโs figure of $34.9 billion (previously reported as $34.4 billion).
Megaprojects Slow to Kick In
ConstructConnect announced today that March 2022's volume of construction starts, excluding residential work, was $34.4 billion, an increase of +31.8% compared with Februaryโs figure of $26.1 billion (previously reported as $25.7 billion).
Megaprojects Slow to Kick In
ConstructConnect announced today that March 2022's volume of construction starts, excluding residential work, was $34.4 billion, an increase of +31.8% compared with Februaryโs figure of $26.1 billion (previously reported as $25.7 billion).
The ยฃ20m turnover business based in Halesowen carried out much of its work in the London building market. Among its main contractor clients were John Sisk, Graham andย Galliford Try. When the Enquirer contacted the firm several weeks ago amid rumours of financial problems, the firm said it was seeking to find an investor. Director Paul Morris will seek to appoint Butcher Woods as liquidator of the business at a creditors meeting tomorrow. A source told the Enquirer: โThe staff had an idea ...
The ยฃ20m turnover business based in Halesowen carried out much of its work in the London building market. Among its main contractor clients were John Sisk, Graham andย Galliford Try. When the Enquirer contacted the firm several weeks ago amid rumours of financial problems, the firm said it was seeking to find an investor. Director Paul Morris will seek to appoint Butcher Woods as liquidator of the business at a creditors meeting tomorrow. A source told the Enquirer: โThe staff had an idea ...
The business was first established in 1983 and traded from offices in Aberdeen and Grangemouth, operating a mobile fleet of nearly 30 mobile cranes of varied capacity from 40t to 750t. Around 38 staff are being made redundant. It is the fourth crane hirer to sink into administration this year blaming the financial impact of Covid lockdown and fierce hire competition. Despite attempts made by the director to exit unprofitable contracts and reduce its overheads, trading losses continued and in r...
The business was first established in 1983 and traded from offices in Aberdeen and Grangemouth, operating a mobile fleet of nearly 30 mobile cranes of varied capacity from 40t to 750t. Around 38 staff are being made redundant. It is the fourth crane hirer to sink into administration this year blaming the financial impact of Covid lockdown and fierce hire competition. Despite attempts made by the director to exit unprofitable contracts and reduce its overheads, trading losses continued and in r...
Administrators are looking for a buyer after owner calls it a day
Administrators are looking for a buyer after owner calls it a day
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Revenue to top ยฃ100m this year, driven in part by high inflation
ย ย In 2007, Andrew Cushman did something crazy! He left his corporate job and start investing in real estate. With 24 successful single-family transactions under his belt, he moved into multifamily acquisitions, and has now syndicated and re-positioned over 1600 units. ย With a background in problem solving, Andrew was able to transition well to investing. In Andrewโs words: Youโre not an investor until youโve taken action and get a deal. ย He shares about the extreme persistence and ...
ย ย In 2007, Andrew Cushman did something crazy! He left his corporate job and start investing in real estate. With 24 successful single-family transactions under his belt, he moved into multifamily acquisitions, and has now syndicated and re-positioned over 1600 units. ย With a background in problem solving, Andrew was able to transition well to investing. In Andrewโs words: Youโre not an investor until youโve taken action and get a deal. ย He shares about the extreme persistence and ...
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