Administrators appointed to 130-year-old Hull construction company

Hall Construction Group Ltd, the Hull-based family business which dates back to 1887, has been placed into administration.

On 13th January 2017, Julian Pitts and Nick Reed of Begbies Traynor in Leeds were appointed as joint administrators of the Hall Construction.

The group has expertise in the construction and refurbishment of offices, commercial buildings, schools and warehouses. It serves the health, leisure, education, retail, commercial, industrial and residential sectors.

With a turnover of £30m, Hall Construction employs 65 staff and provides work for many sub-contractors throughout Yorkshire

Located on Clay Street, Hull, the administrators are considering all options to enable the business to continue to trade.

Joint administrator Julian Pitts said: “It is extremely sad to see such a long-established Yorkshire based business in difficulties.

“The company recently suffered from undertaking two significant out-of-town fixed price design and build contracts, one of which subsequently resulted in a £2.9m loss.

“However, with its strong reputation in commercial construction, together with a number of blue chip and public sector clients within Yorkshire and Lincolnshire, we are hopeful that Hall Construction represents an attractive proposition for the right buyer.

“We are currently marketing the business and our aim is to find a buyer for the business as a whole, or for parts of the business, in order to achieve the best return possible for creditors.”