Earlier today, it was announced that construction firm Dribuild has fallen into administration, causing the loss of more than 30 jobs.
The Bristol-based firm, which also had offices in Cardiff and Tiverton collapsed on Friday 4th October, citing “insurmountable” funding challenges.
Dribuild worked across a wide range of sectors, including retail, leisure, entertainment, education and commercial property.
Begbies Traynor has been appointed as administrators and has kept five staff on, in order to continue with the ongoing commercial construction projects.
Neil Vinnicombe, partner at Begbies Traynor in Bath, said: “It is always sad to see a business with a strong reputation and order book succumb to financial difficulties, especially when there are redundancies involved. As such, we are hopeful of working with existing customers to assist them to complete contracts in progress and help as much of the business’ highly skilled workforce as possible to find alternative employment.”