Last of Carillion’s 278 contracts handed over

Aaron Morby 4 years ago
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Seven months after Carillion’s collapse, liquidators have completed the transfer of the last of its 278 contracts to new service providers.

Carillion ranks as the UK's largest ever trading liquidation
Carillion ranks as the UK's largest ever trading liquidation

At the same time, a further 429 staff have joined new suppliers taking the total jobs saved to 13,945 or 76% of the pre-liquidation workforce.

Around 240 core employees are currently being retained to help the Official Receiver close out the remaining activities and help with investigations as the focus turns to the conduct of directors and the causes of the corporate failure.

Official Receiver, Dave Chapman, said: “Carillion is the largest ever trading liquidation in the UK.

“The continued uninterrupted delivery of essential public services since the company’s collapse in January reflects the significant effort put in by its employees, supported by my team and those employed by the special managers.

“During this period 83% of the original workforce have either transferred with the contracts or resigned with another job to go to.

“Staff have been very professional throughout the liquidation and I want to thank them for their support as we worked to find new suppliers.”

Chapman said: “The focus of the liquidation will now shift to the provision of limited transitional services for some supplier and finalising Carillion’s trading accounts to ensure that payment is made to suppliers who have provided goods and services to the various liquidations.

“Suppliers are asked to ensure they supply their final accounts as soon as possible.

“My investigation into the cause of the company’s failure, including the conduct of its directors, is also underway.”

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