Rye Demolition has gone into administration.
Ian Lawrence Goodhew and Abigail Shearing of London insolvency service, Voscap Limited, have been appointed as the administrators.
Law firm Sills & Betteridge are also understood to be involved.
The Bedfordshire contractor was established in 2006 by managing director Simon Barlow.
Its services include small, single-storey demolitions to large-scale, complex projects to soft-stripping and refurbishment work.
One of its most recent projects was the St Ann’s Hospital site in South Tottenham.
Accounts for the year ended 30 April 2023 show turnover of £11.1 million and pre-tax profit of £123,413, both up on the previous financial year.
Rye Demolition and Voscap were approached for comment.
Was this interesting? Try Construction Wave launches inaugural CFO Summit in London to leading lights in the Built Environment
If you have a tip or story idea that fits with our publication, please contact the news editor rory@wavenews.co.uk
Get industry news in 5 minutes!
A daily email that makes industry news enjoyable. It’s completely free.