Brady Construction Services Limited has ceased trading and is scheduled to enter liquidation next week.
Consultants Luke Venner and Malcolm Rhodes of chartered accountants Bishop Fleming have been instructed by the directors of the Plymouth building contractor to assist with a meeting of the company’s creditors on 9 November.
Brady was based in Devon and Cornwall and offered main contracting services to all sectors across the South West.
Until the business stopped all trading activities on Monday 30 October, it had been involved in various high-profile building projects across the region including replacing Midas Group in the construction of new homes at the former Palace Hotel site in Torquay for Fragrance Group, according to Devon Live.
The company website is now out of use; however, an automatic reply suggests the contractor took the “difficult decision” for a voluntary winding up process due to the company’s “financial position and options”.
“Brady Construction Services Limited has ceased trading on Monday 30 October and will enter liquidation shortly,” said Rhodes, senior restructuring manager of Bishop Fleming.
“Notices will be going out to all creditors later this week, ahead of the meeting on Thursday 9 November.
“Creditors will further receive information about the process, which will provide them with an opportunity to register their claim.”
Enquiries relating to the liquidation should be directed to Bishop Fleming, either by email: restructuring@bishopfleming.co.uk or phone: 01392 448800.
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