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Reed Watts and Cube Design projects affected as Shaylor Group goes into administration
A Reed Watts Architects housing scheme in east London and a new visitor attraction at the Silverstone racing circuit are among the projects affected by the collapse of contractor Shaylor Group.
The West Midlands-based company went into administration on Monday with the loss of around 200 jobs, blaming “severe cashflow pressures in recent weeks following several project delays”. The firm’s monthly pay round was due this week.
Raj Mittal, partner at restructuring specialist FRP Advisory – which was appointed joint administrator – said a housing scheme in Barking designed for Pocket Living and the new museum at Silverstone were among the projects Shaylor had been working on.
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