Hawk Plant said Carillion鈥檚 failure had delayed projects the firm was working on
Shropshire-based Hawk Plant has been forced into administration two months after the company鈥檚 boss blamed Carillion鈥檚 collapse for delaying contracts it had been awarded.
EY has been appointed to act as administrators for the company, which recorded a 拢93.5m turnover and profit of 拢515,049 in the year to 31 December 2017.
In the company鈥檚 2017 results, which were filed last November, chief executive Mike Hawkins said Carillion鈥檚 liquidation had caused some disruption, with contracts that had been previously awarded having to be rescheduled.
Also read: Carillion one year on - how the collapse unfolded
At the time Hawkins said: 鈥淒ue to the high level of credit insurance in place on Carillion there will be a minimal write-off of balances outstanding at the time of liquidation.鈥�
EY鈥檚 Sam Woodward, who is a joint administrator for Hawk Plant, also said Carillion鈥檚 liquidation had hurt the company, saying: 鈥淭he group鈥檚 cashflow had been impacted by a number of historical problematic contracts and a delay in the commencement of anticipated projects.鈥�
On appointment of the administrators, 83 of the group鈥檚 420 employees were made redundant.
Hawk Plant subsidiary Enverity, a ground survey and sight inspection business based in Newark, which employs an additional 20-plus staff, remains solvent and unaffected by the administration.
Carillion鈥檚 collapse was cited as a contributory cause in a number of company administrations last name, including Irish contractor Sammon Group and engineer Aspin.
M&E specialist Vaughan, who fell into administration last March, also blamed Carillion for its demise.
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