Jimbo69
Well-known member
Just heard tonight that Balgownie have went into administration. They’re my local dealer for Doosan/Develon, Bobcat, Bomag, Ifor Williams and more.
Vinpetrol
Well-known member
That’s bad news locally Jim . I’ve had a few dealings with them and they seemed ok . They’ve been around for a good while . Any idea what went down ?
JD450A
Feral as Fk 🐾
Jimbo69
Well-known member
There have been rumours for a while that they weren’t in a good way. Their last company accounts show they were owe £93k in interest alone on unpaid vat.
doobin
Well-known member
Dead giveaway.
Quattromike
Well member-known
That's a bit of a shock, they always appear to charge well enough to keep the doors open. Arnt they part of filpumps group
Quattromike
Well member-known
Ktwo also away, I thought they were one of the better ones 
Over invested and cashflow problems or what
Over invested and cashflow problems or what
6
6feetdown
Well-known member
We've had 3 pubs shut in town, I mean shitty centre in last 3 weeks.Ktwo also away, I thought they were one of the better ones
View attachment 59216
Over invested and cashflow problems or what
It's really starting to bite now, Obviously some is down to poor management and over stretching, but a lot to do with the way this country has gone and fleecing anyone who tries to succeed
V8Druid
do it as well as you can,but learn to do it better
centerparks doing nicely thank you £590m net profit last year ... was looking, 'cos I thought it was looking a tad shabby round the edges, all over the site, but a LOT of investment in lodge re-vamping/new builds and roads. Land train we were on last night stank of either over fueling or leaking diesel some where .... spoke wit the driver and he said doubt it, was only delivered ten days ago -- but you're not the first to comment -- will tell 'em to look at it ..... guessing a couple of hundred £k investment
(and the only fumey one I've been on in five days)
V8Druid
do it as well as you can,but learn to do it better
and another
www.theconstructionindex.co.uk
" Osborne’s accounts are overdue. Its latest filed accounts are for the year to September 2021. A year ago it extended its accounting period, changing the year-end to end of March. "
Osborne seeks saviour as it prepares for administration
Construction group Geoffrey Osborne has filed a notice of intent to appoint an administrator.
www.theconstructionindex.co.uk
" Osborne’s accounts are overdue. Its latest filed accounts are for the year to September 2021. A year ago it extended its accounting period, changing the year-end to end of March. "
T
topkit
Well-known member
Another company relatively local to me thats allowed itself to get too big and diversify into stuff it should not have got involved in, Why cant these businesses just stick with what they do best!
V8Druid
do it as well as you can,but learn to do it better
House of cardsand another
Osborne seeks saviour as it prepares for administration
Construction group Geoffrey Osborne has filed a notice of intent to appoint an administrator.
" Osborne’s accounts are overdue. Its latest filed accounts are for the year to September 2021. A year ago it extended its accounting period, changing the year-end to end of March. "
More Osborne companies file notices of intent
On Thursday last week (18th April), Geoffrey Osborne Ltd filed notice of intention to appoint administrators, citing a cashflow crisis.
www.theconstructionindex.co.uk
V8Druid
do it as well as you can,but learn to do it better
Hundred let go as Osborne appoints administrators
Geoffrey Osborne Limited has today formally gone into administration, blaming the combination of covid-19 and Brexit.
www.theconstructionindex.co.uk
"Hundred let go as Osborne appoints administrators"
"Geoffrey Osborne Limited has today formally gone into administration, blaming the combination of covid-19 and Brexit."
what a load of bollox ..." Today’s announcement follows an 18-month programme to restructure the firm to focus on the core construction business. During its restructure, Osborne sold its property management division, infrastructure business and offsite manufacturing arm, securing the employment of over 850 jobs. The proceeds of all three sales were reinvested into the business, the company says "
bet the funds, such as they may have been, never went anywhere near the main biz
6
6feetdown
Well-known member
BS taken too much or bad management more probableHundred let go as Osborne appoints administrators
Geoffrey Osborne Limited has today formally gone into administration, blaming the combination of covid-19 and Brexit.
"Hundred let go as Osborne appoints administrators"
"Geoffrey Osborne Limited has today formally gone into administration, blaming the combination of covid-19 and Brexit."
what a load of bollox ...
" Today’s announcement follows an 18-month programme to restructure the firm to focus on the core construction business. During its restructure, Osborne sold its property management division, infrastructure business and offsite manufacturing arm, securing the employment of over 850 jobs. The proceeds of all three sales were reinvested into the business, the company says "
bet the funds, such as they may have been, never went anywhere near the main biz
kabin man
Well-known member
V8Druid
do it as well as you can,but learn to do it better
and another ...........
www.building.co.uk
Hertfordshire contractor files administration notice
Stevenage firm ARJ specialises in resdiential work
www.building.co.uk
B
bobthebuilder
Well-known member
everest
V8Druid
do it as well as you can,but learn to do it better
yeh they're in here somewhere
V8Druid
do it as well as you can,but learn to do it better
unsustainable .......
" Results filed by Rydon Group show that in the year to 30th September 2023 it made a pre-tax loss of £9.1m (2022: loss £5.9m) on turnover of £47.5m (2022: £51.9m). "
www.theconstructionindex.co.uk
and... other news on the cladding remediation front
https://www.theconstructionindex.co...feats-railway-pension-fund-in-cladding-battle
" “This court case should serve as a warning to all building owners. If you fail to fix your unsafe buildings and ensure the safety of residents, we will see you in court. We will not stop until we secure justice for leaseholders.” "
must be hundreds of them around the country
" Results filed by Rydon Group show that in the year to 30th September 2023 it made a pre-tax loss of £9.1m (2022: loss £5.9m) on turnover of £47.5m (2022: £51.9m). "
Remedial costs mount for Rydon
Grenfell tower refurbishment contractor Rydon has spent more than £19m to date replacing flammable cladding that it has put up on high-rise buildings.
www.theconstructionindex.co.uk
and... other news on the cladding remediation front
https://www.theconstructionindex.co...feats-railway-pension-fund-in-cladding-battle
" “This court case should serve as a warning to all building owners. If you fail to fix your unsafe buildings and ensure the safety of residents, we will see you in court. We will not stop until we secure justice for leaseholders.” "
must be hundreds of them around the country
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