You can read a lot into Lee Demolition’s CVA if you are so inclined.
A few weeks ago, I postulated the idea that some buildings are just plain cursed. And while I dismissed the idea at the time, the news today that Kent-based Lee Demolition has been forced to enter into a Company Voluntary Arrangement in the face of mounting debts has caused me to rethink my previous stance.
My evidence?
Well, one of the loss-making contracts cited in the CVA proposal is Able & Cleland, a Berkeley Homes development on what was once the Prison Service headquarters in London’s John Islip Street. This is the same site on which Silviu Radulescu was killed while working as a labourer during the TE Scudder strip out of the block. One job; two contractors; one fatality; and one significant financial loss.
Not buying that?
What about the fact that Lee Demolition is based in Gravesend in Kent, just a short hop and a skip from the former home of Marks Demolition that went to the great receiver in the sky just a few short months ago?
OK, you’re right. We’re clutching at straws here. And in its CVA proposal, Lee Demolition itself cited “inaccurate costing and poor project management” as the true cause of its current predicament.
But coincidence is a spooky old so and so, isn’t it?
