ARJ Construction Limited (05537501): administration
- Status
- Administration ended
- Administration began
- 2024-04-29
- Administrators' firm
- FRP Advisory
- Incorporated
- 2005-08-16
- Location
- St. Albans
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Sustained trading losses
- Creditor pressure / legal action
- Loss-making contracts / project overruns
- Rising costs / inflation
From the administrators' statement
The Company was incorporated in August 2005, primarily trading from a freehold property, solely owned by ARJ Construction Property Limited, at Bedford House, Rutherford Close, Meadway Technology Park, Stevenage, Hertfordshire, SG1 2EF.
Upon appointment, the Company had 111 employees comprised of quantity surveyors, site managers, finance controllers and others.
The Company is a Principal Contractor operating predominantly within a 20-mile radius of the M25 (excluding central London) as a design and build contractor, delivering schemes operationally via a management contractor model, namely no self-delivery, with all works being delivered via subcontract packages.
Administrators' statement of proposals (2024-06-22) · Companies House register