Housing and leisure schemes hit by construction-firm collapse

Reed Watts Architects's 78-home Barking scheme for Pocket Living

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.

This content is available to registered users | Already registered?Login here

You are not currently logged in.

To continue reading this story, sign up for free guest access

Existing Subscriber? LOGIN

REGISTER for free access on selected stories and sign up for email alerts. You get:

  • Up to the minute architecture news from around the UK
  • Breaking, daily and weekly e-newsletters

 

Subscribe to Building Design and you will benefit from:

Gated access promo

  • Unlimited news
  • Reviews of the latest buildings from all corners of the world
  • Technical studies
  • Full access to all our online archives
  • PLUS you will receive a digital copy of WA100 worth over £45

Subscribe now for unlimited access.