Jehu Project Services Limited (03032954): administration
- Status
- Administration ended
- Administration began
- 2022-10-28
- Administrators
- Katrina Jane Orum, Huw Powell, Paul David Wood
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1995-03-14
- Location
- Cardiff
- Industry
- 41100 Development of building projects
Why it went into administration
- Rising costs / inflation
- COVID-19
- HMRC / tax arrears
- Sustained trading losses
- Loss-making contracts / project overruns
- Supply chain disruption
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was formed in 1995 as a building contractor specialising in the delivery of affordable housing. In the early years, it undertook some projects on a sub-contract basis for national contractors, but it mostly undertook a main contractor role. In addition to social housing, it undertook commercial, retail and healthcare projects.
Several associated companies were created in the years that followed, notably Waterstone Homes Limited (“Waterstone Homes”), a bespoke private housing developer, and Waterstone Estates Limited (“Estates”), a
commercial property developer. In 2008, Jehu Group Limited (“Jehu Group”) was formed to consolidate the Jehu family of companies under one umbrella, (together “the Group”).
Administrators' statement of proposals (2022-12-15) · Companies House register