Stevenage-based contractor ARJ Construction has filed a notice of intention to appoint administrators
Hertfordshire-based contractors ARJ Construction were established in 1991 and focused on projects ranging from £10m to £60m in value across residential, healthcare, education and commercial sectors.
The fates of the 136 staff are unknown at this time.
The most recent figures to April 30 2023 showed a turnover of £117m, with a pre-tax profit of £2.8m.
The future of several projects in now in doubt
It is unclear how the news of ARJ Construction’s collapse into administration will affect ongoing projects, such as the recent contract signed with Settle to deliver The Gates housing development in Houghton Regis, or the redevelopment signed with Dacorum Borough Council of the Paradise Depot in Hemel Hempstead.
The post ARJ Construction to file for adminstration appeared first on Planning, Building & Construction Today.