Construction company enters administration

Thu, 06 Dec 2018 | ADMINISTRATION



A Bristol-based construction firm has collapsed into administration, leaving the future of its projects uncertain.

Helm Construction, located near Severn Beach and established by Gary Sheppard in 2014, entered administration on December 3, 2018.

Opus Restructuring LLP have been called in to oversee the administration process, with partners Steven John Parker and Trevor John Binyon appointed as joint administrators.

The company announced the news of its administration on its website, stating that “The business and assets of the company are now managed by the administrators.

“Please note that the administrators are agents of the company and act without personal liability.”

The future of incomplete projects is presently unknown, and the company directors have declined to comment on the administration process.

In the past, Helm Construction has worked on numerous projects across the city, including on the renovation of St Luke’s Hall, which was an old commercial office establishment, a nursery in Southville, and on Clifton’s Bridge House Apartments.

The company also delivered on the construction of three townhouses in Kingswood and on the building of apartments in Wells Road in Bristol city centre.

As of a year ago, Helm Construction had a turnover of more than £15 million with at least 50 employees to its name. Since its establishment, the company grew in popularity after working on both commercial, residential and domestic projects across the southwest of England.

Click here to view the Helm Construction Ltd administration listing.

For more news stories about administrations click here. For all our administrations listings, click here.


Share this article



Latest Businesses for Sale

Specialist Architectural Project Management Company
London, South East, UK

Architectural services include drawings, project management & feasibility studies, with past projects including medium scale residential projects, as well as much larger property developments across the Greater London borough. Excellent knowledge of...

Asking Price: Offers Invited
Turnover: £900,000

Subcontractor Specialising in Design & Construction of Concrete Piling
South East, UK

Subcontractor specialising in design & construction of concrete piling, retaining walls & ground works on behalf of commercial & domestic construction-based clients. Subcontractor for major clients in construction industry. In-house design team with...

Asking Price: Offers Invited
Turnover: £8,700,000

Refurbishment & Maintenance Specialist
South East, UK

Refurbishment and maintenance specialist, focusing on providing sustainable solutions to new build, restoration, refurbishment, planned and cyclical maintenance projects, with expertise across public and private sectors. Provides turnkey construction...

Asking Price: Offers Invited
Turnover: £12,000,000


View more businesses for sale

News Search

Latest News

 
24
 
Jan
 

Yorkshire engineering firm completes MBO deal | MBO/MBI

A West Yorkshire engineering group has been taken over by th...

 
22
 
Jan
 

Jewellery retailer enters administration | ADMINISTRATION

A Nottingham-based jewellery and watches company has fallen ...

 
19
 
Jan
 

Luxury lodging group enters administration | ADMINISTRATION

An Essex-based company which operates eight luxury lodge par...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources