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Arthur M. Griffiths & Son Limited - in administration
Conrad Beighton and David Griffiths of Leonard Curtis Business Rescue & Recovery were appointed as Joint Administrators of Arthur M. Griffiths & Son Limited on 6 August 2021.
Arthur M Griffiths & Son Limited is a building contractor based in Wolverhampton.
The Company had encountered continuous, ongoing difficulties within the construction industry, as a result of the ongoing pandemic and issues associated with Brexit.
Current volatility in availability and prices of construction materials made the completion of existing contracts on site and any new contracts in the near future unprofitable and therefore unviable.
Ongoing COVID risks have also further complicated matters, and caused delays in completion of projects.
On appointment, 44 employees were made redundant, and the Joint Administrators are assisting former staff with claiming their entitlements.
The Joint Administrators are now taking steps for an orderly wind-down of the Company and to ensure that maximum realisations are achieved for the benefit of creditors.
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Reach Commercial Finance Limited. Registered in England no 09056450. Leonard Curtis is a trading style of Reach Commercial Finance Limited. Leonard Curtis is a broker not a lender and is independent with access to the whole of market. We may receive commissions that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. Authorised and regulated by the Financial Conduct Authority FCA no. 753686. Registered with the Information Commissioner’s Office reference ZA069234
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