The civil engineering firm collapsed when it was unable to defend a winding up petition from HM Revenue and Customs for £600,000.
Parkway ran a fleet of plant ranging from 1.5t mini-excavators to 30t-plus excavators to dump trucks and rollers. Much of the fleet was registered with an associate company called Scaff UK, which is also in administration.
Administrator Jeremy Bleazard of XL Business Solutions: “At present we are trying to locate all the plant to realise assets of the company to the benefit of the creditors.”
The firm was established over 30 years ago and worked on big roads project like the The ‘Spaghetti Junction’ of the North -the A1M / M62 Dishforth to Darrington Interchange – and the long awaited Oakham Bypass Scheme.
Parkway had been working on Balfour Beatty’s A46 road job when it went under. This contract has now been terminated.