Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Baggaley administration results in 83 job losses

Administrators have announced 83 redundancies at Herbert Baggaley Construction.

It was revealed on Friday that KPMG were appointed administrators to Herbert Baggaley Construction and the Baggaley Group.

No redundancies were made on appointment. But administrators have this evening confirmed that unfortunately 83 staff have lost their jobs.

The group originally employed 104 people from a freehold office in Mansfield, Nottinghamshire. The remaining 21 staff are assisting the administrators.

‪Chris Pole, joint administrator and restructuring director at KPMG, said:‪ “Unfortunately, following a review of the position and the difficulties with continuing to trade, we have had to take the decision to make 83 staff redundant. 

“The remaining employees are supporting us whilst we conduct a review of existing contracts and explore a possible sale of the remaining business. 

“The company is involved in a wide-range of public and private sector construction contracts, including substantial work under local authority framework agreements.” ‪

The £35 million–turnover firm is one of Mansfield ‘s oldest companies after it was founded in 1908. It won a spot on the £70m Sport England frameworks a year ago.

‪Baggaley went into administration despite a management buy-out last year and efforts to restructure and refinance.

Mr Pole blamed a number of loss-making contracts and the continuing difficulties experienced in the construction sector. 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.