Wooldridge Contractors to appoint administrators.
It has been one of the worst-kept secret in the UK demolition industry for several weeks now. But industry news portal – Construction Enquirer – is reporting that Wooldridge Contractors has become the latest UK demolition company (and National Federation of Demolition Contractors member) to slip into administration.
The company joins Squibb Group and McCormnack Demolition in the industry dead pool.
According to Construction Enquirer, sources close to the firm said staff started redundancy consultation late last month but have been “kept in the dark” since them. DemolitionNews subsequently received a tip that staff had been sent home from at least one site.
Wooldridge’s sister demolition and muck away company Wooldridge Ecotec is also being wound-up.