200 jobs saved as JRL buys Caledonian Modular
200 jobs saved as JRL buys Caledonian Modular
South east contractor JRL salvages UK largest offsite specialist
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South east contractor JRL salvages UK largest offsite specialist
South east contractor JRL salvages UK largest offsite specialist
Modular specialist was bought out of administration "saving 200 jobs"
Modular specialist was bought out of administration "saving 200 jobs"
Woodmace went into administration last week following a cash flow crisis. Administrator Begbies Traynor then oversaw the acquisition of the assets and trade of Woodmace Ltd and Woodmace Plant Ltd by Oak via his company Woodmace Concrete Structures Ltd. The move has saved 150 jobs and enabled work to resume at a range of developments across southern England where Woodmace is either principal contractor or a subcontractor. Oak founded the business in 1986 but in 2020 long-term employee Joshua Ei...
Woodmace went into administration last week following a cash flow crisis. Administrator Begbies Traynor then oversaw the acquisition of the assets and trade of Woodmace Ltd and Woodmace Plant Ltd by Oak via his company Woodmace Concrete Structures Ltd. The move has saved 150 jobs and enabled work to resume at a range of developments across southern England where Woodmace is either principal contractor or a subcontractor. Oak founded the business in 1986 but in 2020 long-term employee Joshua Ei...
MCP is a leading supplier of UK and Imported bespoke clay facing bricks to the specification sector. Working closely with architects, MCP provides design advice and consultation for a variety of schemes covering housing, education, healthcare, leisure and recreation. For the 12 months to 31 December 2021, MCP reported unaudited revenue of ยฃ10.50m and normalised EBITDA of approximately ยฃ1.3m. The deal consists of an initial cash payment of ยฃ3.33m and a deferred consideration of ยฃ1.43m pay...
MCP is a leading supplier of UK and Imported bespoke clay facing bricks to the specification sector. Working closely with architects, MCP provides design advice and consultation for a variety of schemes covering housing, education, healthcare, leisure and recreation. For the 12 months to 31 December 2021, MCP reported unaudited revenue of ยฃ10.50m and normalised EBITDA of approximately ยฃ1.3m. The deal consists of an initial cash payment of ยฃ3.33m and a deferred consideration of ยฃ1.43m pay...
Modular giant had debts across the board
Modular giant had debts across the board
Deal to buy service and maintenance division saves 25 jobs
Deal to buy service and maintenance division saves 25 jobs
Work stops at House by Urban Splash sites and factory
Work stops at House by Urban Splash sites and factory
The development north of Durham will include townhomes and commercial space. Years ago, the city rejected plans that included a Publix grocery store on the site.
The development north of Durham will include townhomes and commercial space. Years ago, the city rejected plans that included a Publix grocery store on the site.
Publicly traded mortgage tech company Blend Labs laid off 10% of its workforce amid major headwinds in the mortgage industry.
The post Blend lays off 200 workers as mortgage industry sputters appeared first on HousingWire.
Publicly traded mortgage tech company Blend Labs laid off 10% of its workforce amid major headwinds in the mortgage industry.
The post Blend lays off 200 workers as mortgage industry sputters appeared first on HousingWire.
The updates also highlight a series of inter-company debts between various collapsed offshoots of the modular giant. Administrator Teneo took charge of a string of firms last month making 160 staff redundant blaming โvarious operational issues relating to the factory in Alfreton.โ The main operations placed in administration were Urban Splash House Holdings Ltd, Urban Splash House Ltd and Urban Splash Modular Ltd. Urban Splash House owed ยฃ20.8m to unsecured creditors with ยฃ14.2m of that ...
The updates also highlight a series of inter-company debts between various collapsed offshoots of the modular giant. Administrator Teneo took charge of a string of firms last month making 160 staff redundant blaming โvarious operational issues relating to the factory in Alfreton.โ The main operations placed in administration were Urban Splash House Holdings Ltd, Urban Splash House Ltd and Urban Splash Modular Ltd. Urban Splash House owed ยฃ20.8m to unsecured creditors with ยฃ14.2m of that ...