Simons Construction Limited (00961095): administration
- Status
- Administration ended
- Administration began
- 2019-10-29
- Administrators' firm
- FRP Advisory
- Formerly
- Simons Construction Group Limited
- Incorporated
- 1969-08-28
- Location
- Meridian Business Park
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Pension deficit
- Loss-making contracts / project overruns
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
- Parent or group failure
- Regulatory change or action
- Competition / price pressure
From the administrators' statement
Simons Construction Group Limited was incorporated in August 1969 and subsequently changed its name to Simons Construction Limited in February 1990. The Company operated as a main building contractor winning repeat business more recently from a number of clients which included blue chip customers, NHS trusts and Councils in the retail and health care sectors. In addition, the Company had a long term arrangement supplying scaffolding to Lincoln Cathedral as part of its ongoing restoration programme.
Establishing a good reputation in the construction sector as a family run business the Company traded from leasehold premises at 991 Doddington Road, Lincoin, LN6 3AA and operated with 77 staff.
The Company was part of a wider group, which was comprised as follows (please note
Administrators' statement of proposals (2020-01-09) · Companies House register