Rye Demolition goes into administration
Bedfordshire based Rye Demolition has gone into administration.
The specialist is now in the hands of administrators from Voscap Ltd.
Rye Demolition was established in 2006 by Managing Director Simon Barlow and has built up a strong reputation across London and the South East of England.
Latest accounts for the company for the year to April 30 2023 show a turnover of £11.1m generating a pre-tax profit of £123,413.
One of Rye’s most recent jobs was demolition work at the former St Ann’s Hospital site in north London for the Hill Group.
One industry experts said: “They were a well known and well respected firm who always tried to do things the right way.”
Creditors can contact william.belsey-farrer@voscap.co.uk.