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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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Leonard Curtis is a trading style of Reach Commercial Finance Limited, registered at Riverside House, Irwell Street, Manchester, M3 5EN. Company Register number is 09056450. Reach Commercial Finance Limited is authorised and regulated by the Financial Conduct Authority, FRN: 753686. Reach Commercial Finance Limited is an authorised credit broker and not a lender. We work with a an unrestricted number of lenders to find a potentially suitable arrangement for your consideration. ICO registration ZA069234 and you can check via www.ico.org.uk. We will receive commission from lenders. Different lenders pay different amounts depending on different commission models. For transparency we work with the following commission models: fixed fee, fixed rate of commission, percentage of the amount you borrow and rate for risk (this is based on the risk profile of the business). Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey. Privacy notice.
Leonard Curtis Legal Limited is a limited company, registered in England and Wales with registered number 09820186. Registered office: Riverside House, Irwell Street, Manchester M3 5EN. Leonard Curtis Legal Limited is registered with the Solicitors Regulation Authority with number 626004.