Mansell Building Solutions, a light-gauge steel frame specialist, has announced that it has filed a notice of intention to appoint administrators
Mansell Building Solutions’ administration notice comes just six months after the company opened a major new headquarters and factory in Oldham.
In a statement, the company explained: “Today is an incredibly difficult day for everyone at Mansell Building Solutions.
“Following a prolonged period of exceptionally challenging trading conditions across the UK construction sector, alongside significant cash-flow and working-capital pressures caused by delays to a number of existing and new projects, the board yesterday filed a Notice of Intention to Appoint Administrators.”
Mansell Building Solutions delivered some crucial construction projects across the UK
Earlier this year, Mansell was appointed by Lovell Partnerships as specialist MMC contractor on a four-storey block of 27 affordable apartments in Croxteth, north Liverpool.
The company also recently secured work for Robertson in the North East on a large 124-apartment extra care development in South Shields, South Tyneside.
The administration follows a period of decreasing profit
In its accounts for the year finishing 31 December 2024, Mansell reported a turnover of £13.m and a profit after tax of £481,188. While turnover was up 0.7% from the previous year, profit fell by 53%.
“From our Greater Manchester factory, we set out to do things differently and to help drive change in an industry that we believe needs to modernise. We invested in manufacturing, modern methods of construction and a different way of thinking about how buildings can be designed, made and delivered,” the statement read.
“Trying to change established ways of working is never easy, and the pace of change across construction has not always matched the ambition behind what we were trying to achieve. But we remain enormously proud that Mansell was prepared to try, to challenge convention and to push for something better.”
For now, the notice of intention provides Mansell with temporary protection from creditor action while directors consider options for the business.
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