Mid Group staff fear for July wages after crisis call

Grant Prior 3 years ago
Share

Mid Group staff are finding new jobs as fears rise that the offsite specialist will not be able to pay their wages this month.

Workers at the east London based firm sat-in on a crisis call on Monday hosted by founder and chairman Sahel Majali.

They were earlier told not to come into work as the firm faced financial difficulties and a notice of intention to appoint an administrator is understood to have been filed for parent company Mid Holding Co UK Ltd.

Mid Group currently employs 37 staff who were told during the Teams meeting that they are unlikely to get paid their wages this month.

A further update on the firm’s financial situation is expected by worried workers today.

But a number have already found new roles in recent weeks as work began to grind to a halt on Mid Group sites.

A source close to the company said: “The whole Teams meeting was a shambles with the management being deliberately vague about  everything leaving the staff totally up in the air about their futures.”

Latest accounts for Mid Holding Co for the year to December 30 2020 show it made a pre-tax loss of £2.5m from a turnover of £55.7m and had 37 employees.

Filings also show that Mid Group CEO Steven Hearn resigned his directorships across the business last month although he is understood to have sat-in on the Teams call.

Former CEO and founding director Andrew Shepherd left the business in September 2020.

Chairman Majali has extensive construction experience in Jordan where he established Mid Contracting Jordan in 1991 and led the business until 2007.

Sahel Majali

Latest news

SP Energy Networks awards contracts worth £1.4bn

First round of awards under £5.4bn national electricity grid upgrade programme
18 hours ago

Plans lodged for 1m sq ft City of London office

Barbican landmark building will reuse 40% of exisiting building
12 hours ago

Balfour Beatty lands £833m carbon capture power plant job

Work to start later this year on Teesside carbon capture gas-fired power station
21 hours ago

Svella agrees deal to save Cubby Construction

Solvent purchase set to save 214 jobs and protect supply chain
20 hours ago

J Coffey holds line on margins despite £52m revenue slide

Pre-tax profit down 14% but firm eyes strong pipeline to bounce back
20 hours ago

Consultants called up for £2.3bn NHS SBS panel reboot

Market asked for views ahead of next-gen procurement rollout
20 hours ago

Hochtief launches new UK data centre division

German business model to be introduced for UK construction
2 days ago

Construction skills body launches with 100,000 worker target

Industry to work closer with Jobcentres to find new talent
20 hours ago

Kier lands £42m Midlothian school and community hub

Contractor strengthens presence in Scotland with big education job
20 hours ago

BESA audit blitz sees 14 specialist contractors suspended

Building engineering services trade body cracks down on standards
2 days ago

Engineers pull-off 220m HS2 viaduct slide in 3 days

Five-structure Northants sequence ends with 1,300t deck slide - video
2 days ago

Managing Director moves to advisory role at Shufflebottom

Alex Shufflebottom steps-down after acquisition by Embrace
2 days ago

JV North unveils winners of £500m housing blitz

Consortium gears up to deliver 3,000 new homes across North West
2 days ago

Partnerships builder Keepmoat names new chief executive

Ian Hoad to take reins as Tim Beale steps down after eight years
3 days ago

Ballymore to transform former Crossrail construction site

Limmo Peninsula will be new neighbourhood in East London
3 days ago

Building Safety Regulator chief to step down

Search on to find replacement for Philip White
3 days ago

Amazon unveils £40bn investment plan for UK sites

Four new fulfillment centres confirmed as part of huge spending package
3 days ago

Glass bridge picked for Queen Elizabeth II memorial

New bridge and gardens will honour late Queen in the heart of London
3 days ago

Mears set to beat profit forecasts after strong first half

Maintenance growth and 100% contract retention drive bullish outlook for 2025
3 days ago

Bouygues lands London 150 key worker homes job

Affordable flats planned near London Bridge in landmark council scheme
3 days ago

Hebden Bridge £68m flood defence job heads to market

Market engagement opens on four-year Environment Agency scheme
3 days ago

Housing plans go in for abandoned theme park

Story Homes to transform former Camelot Theme Park in Lancashire
3 days ago

Morris & Spottiswood sees turnover and profits surge

Growth at M&E division helps power record numbers
3 days ago

Redundancies loom at M&E giant Dalkia

Consultation starts at Southern region
4 days ago

Land deal unlocks East London £750m health hub plan

Queen Mary University secures site to build Whitechapel life sciences complex
4 days ago

Aureos bags £45m Howden Relief Road job

Former Keltbray infrastructure business to start construction next month
4 days ago

Four injured after partially built floor collapses

Court hears how steel beams were cut at the same time Acrow props removed
4 days ago

Careys directors sacked after £4m job-loss showdown

Pair win unfair dismissal case after being accused of "tickling each other’s bollocks"
7 days ago

Octavius wins £31m A38 corridor upgrade

North Somerset picks firm for key trunk road improvement scheme
4 days ago

Danny Sullivan Group hits back over HS2 allegations

Labour supply giant confident it is "fully compliant with all tax obligations"
7 days ago