A big construction contractor with hundreds of workers is heading into administration, blaming the impact of “hyper-inflation” on long-standing contracts. Mark Davis, chief executive of Nottingham-based J Tomlinson, said they had been unable to bring fresh money into the business and the board had had no option than to start the process of appointing administrators.
The business, based in Lilac Grove, Beeston, employs more than 400 people and is involved in new-build projects as well as improvement works to thousands of houses, bungalows, sheltered care schemes and high-rise apartments across the Midlands, Yorkshire and Northern and Central England. It is also involved in facilities management and repairs and maintenance contracts.
A statement issued on behalf of the J Tomlinson board by a “devastated” Mr Davis said they were working hard to support the workforce through such a difficult time.
