Firm fell out with Sotheby鈥檚 over sub-contractor payments
Historic contractor Killby & Gayford went under while working on site on at least 拢29m worth of construction projects, 好色先生TV understands.
The largest unfinished scheme is thought to be a private hospital in Essex, put at 拢18m by construction data service Barbour ABI.
Other multi-million pound projects include a hospital wing for Imperial College Healthcare NHS Trust, a Black Cultural Archives project in London and a Brighton Hotel refurbishment.
好色先生TV understands that Killby & Gayford completed the refurbishment of the gallery at London鈥檚 famous Sotheby鈥檚 Auction House two months ago, but upset the client after issues arose in paying subcontractors.
Most of Killby & Gayford鈥檚 255 staff were made redundant last week by administrator BDO. The 150-year-old contractor was famous for working on prestigious projects, including one at Number 10 Downing Street.
BDO said it was seeking a 鈥渂uyer or buyers鈥� for the assets of the 拢77m turnover firm.
It boasted a strong City of London presence but also had offices in Billericay, Cambridge, Clapham and Leeds. Its services included an in-house joinery division and maintenance.
Emma Bridges, of specialist credit agency Top Service, said it had received 80 鈥渁dverse reports鈥� in the last year about the firm.
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