High-end residential specialist Kenham Building Limited has been gone into administration.

The London and Home Counties specialist is now in the hands of ReSolve partners Cameron Gunn and Chris Farrington who have been appointed as joint administrators.

Kenham had been trading for 25 years. It began life as a small building company  for its owner-developer, before expanding to take on third-party building work for private clients and  other developers before migrating to larger projects.

But the firm recently encountered significant technical groundworks issues on a large  residential refurbishment project which led to financial losses and cash flow  problems causing pressure on its supply chain.

Chris Farrington, Partner at ReSolve, said: “It is unfortunate to see a business with a strong trading history, and a portfolio of superb  construction projects completed over the course of many years, encounter the difficulties  experienced by Kenham Building.

“It is also particularly regretable that staff were not able to be  retained through this process, a reflection of the extremely challenging conditions being experienced  not only by Kenham but the wider construction and homebuilding sector.”