Water specialist Enpure goes under

Grant Prior 13 years ago
Share

Water and waste process engineering and project management specialist Enpure has gone into administration putting 160 jobs at risk.

Administrators from PwC said they are in discussions with “a number of parties” over a possible sale of the business which has a turnover of £65m.

Enpure is based in Birmingham and offers a complete service from design through to construction.

The company established its reputation under the old Purac name which was changed to Enpure following a management buyout in 2006.

PwC said the company has been placed into administration “following a challenging period of trading in 2012 which has seen Enpure experience significant creditor pressure.”

Current contracts have been put on hold and the administrators have entered into a period of consultation with employees.

Matthew Hammond, joint administrator and PwC partner, said: “Our immediate priority is to review the existing financial position, explore available restructuring options and develop an effective strategy for the business, with a view to realising best value for the benefit of creditors.

“We are in discussion with a number of parties who have expressed interest in certain assets and contracts of the business, but would encourage any further interested parties to contact us as a matter of urgency.”

Latest news

Government pledges £2bn stop-gap funding for 18,000 homes

Funding avoids cliff-edge in social housing delivery before new grant programme agreed
8 minutes ago

Just two major new roads schemes to start this year

National Highways sets out one-year interim spending plan after RIS3 delay
41 minutes ago

Plans go in for £400m GRAHAM Manchester site

Demolition and enabling works underway with main construction set to start next year
26 minutes ago

Building safety levy rate set at up to £10,000 a home in London

Levy introduction pushed back a year to Autumn 2026 - list of new rates
17 hours ago

BAM wins £100m revamp of Broadgate Tower in London

Front of tower 3-storey extension to use cross laminate time and re-used steel
1 day ago

£600m funding to train 60,000 construction workers

Government pledges massive cash injection to produce "site-ready" workers
2 days ago

Construction to start in May on £1bn port expansion

Work at London Gateway site will last four years
4 days ago

Utilities specialist Ipsum buys second power contractor

Acquisition of Wootton & Wootton strengthens service in Midlands and Wales
1 day ago

Councils will lose cash if they fail to fix potholes

Local authorities will have to publish road repair stats
1 day ago

Green light for London Euston Tower rebuild

British Land says nearly a third of original tower will be retained
4 days ago

Contractors struggling to keep-up with demand for data centres

More than half of clients fear supply chain will struggle
4 days ago

Robert De Niro’s Nobu backs Manchester super tower

76-storey skyscraper will be tallest outside of London
4 days ago

PAC warns post-Grenfell policies threaten new homes goal

Watchdog MPs warn new build rates are being hit by diversion of funds to safety remediation
4 days ago

400 schools and hospitals to get rooftop solar panels

£180m investment is the first major project for Great British Energy
4 days ago

Legendre UK to convert Diageo HQ into hotel

Work to start this year transforming former home of drinks giant
4 days ago

Glencar wins phase 2 of Harwell tech scheme

Tech Foundry West will create 70,000 sq ft of lab and manufacturing space
4 days ago

Beard breaks company record with latest results

Family-owned firm posts best results for 133 years
5 days ago

United Living buys street lighting contractor

North West's Jones acquisition also strengthens power distribution offer
5 days ago

Deal to start £1.1bn British Library extension

Japanese developer takes control with aim to start construction next year
6 days ago

Fraud warning over bogus site supplies orders

Site temporary protection specialist sounds alarm after foiling scammers
5 days ago

Plan for world’s tallest energy-positive tower in Birmingham

£60m solar clad 29-storey tower will produce more energy than it consumes
5 days ago

Costain to lead on nuclear fuel site upgrade

Programme delivery partner role for upgrade to infrastructure at Capenhurst site
5 days ago

Willmott Dixon wins £32m Doncaster digital tech hub

Construction to start next month on Gateway One scheme
5 days ago

Pickstock to build Stratford resi tower

Construction set to start next year by modular builder owner
5 days ago

ISG accountants face investigation over audit

Watchdog launches probe into final accounts for collapsed contractor
6 days ago

Developer given suspended jail sentence for fire safety breaches

Director wrongly allowed residents to move into block before getting fire safety sign-off
6 days ago

Muse submits 1,600-home regen plan for Solihull town centre

Work to start early next year on Mell Square shopping centre redevelopment
6 days ago

Plans to be submitted for £140m Cardiff Central revamp

Enabling works to start this year to pave the way for construction
6 days ago

Developer fined after site hit with nine safety notices

Company "showed a total disregard to keeping its workers safe"
6 days ago

Ringway retains Hertfordshire highways after 12 years

Contract worth £55m a year and could be extended to 21 years
7 days ago

Contractor services