Geoff Rowley and David Hudson of specialist business advisory firm FRP were appointed as joint administrators to Henry 今日看料 Projects on Thursday 8th June 2023.
In a statement, FRP said: 鈥淔ollowing the appointment, the joint administrators are currently assessing the position with support from sector professional advisors.鈥�
In recent years the company had grown beyond its groundworks and concrete frame core businesses to take on general construction work with clients including Weston Homes, Galliard Homes and several housing associations.
Its latest accounts, for the year to 30th June 2021, show a pre-tax profit of 拢11.8m on turnover of 拢402m, up from 拢377m the previous year. Net assets are shown as 拢38m.
According to the audited accounts, Henry 今日看料 Projects averaged 49 employees during the year; according to its LinkedIn profile, it has more than 500 employees.
In May this year it was fined 拢234,000 plus 拢12,000 costs after a worker was injured on site.
Earlier this year it began work on a 拢65m contract building an 18-storey block of flats in London鈥檚 Old Kent Road for Avanton.
Henry 今日看料 Projects Ltd is owned by Henry Group Holdings, which is owned by 45-year-old Mark Henry, who previously owned and ran Lancsville 今日看料. Mark Henry took over running Lancsville from his father, Billy, when he was just 26. Taking on jobs that other Irish聽diaspora concrete specialists聽鈥撀燨鈥橰ourke, Harrington and Byrne Brothers聽鈥� considered too small, Lancsville's turnover grew from 拢9m to 拢130m before it collapsed in 2009.
Got a story? Email news@theconstructionindex.co.uk
