Everton stadium cladding firm files administration notice

Grant Prior 2 months ago
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Alucraft Systems Ltd has filed a notice of intention to appoint an administrator.

Recent installation work by Alucraft at the new Everton stadium
Recent installation work by Alucraft at the new Everton stadium

The Staffordshire based cladding specialist started its highest-profile project to date last May to deliver the curtain walling, aluminium rainscreen and composite cladding to the new Everton Football Stadium.

An update shared by the company on social media last month showed the successful installation of the initial batch of cladding panels on the South elevation of the stadium.

Latest results for Alucraft Systems Ltd for the year to December 31 2022 show a turnover of £18.7m generating a pre-tax loss of £5.7m while employing 82 staff.

Alucraft Systems Ltd is one of four businesses that form the Clarison Group of cladding specialists.

The other three firms – Alucraft Ireland Ltd, EAG and William Cox – are all trading profitably.

Data and credit checking specialist Red Flag Alert highlighted the firms’ administration notice with its regular checks of high court construction insolvency applications.

Subscribers to the Red Flag Alert service benefit from early warnings about the financial health of companies to help them avoid bad debts.

The Enquirer has linked-up with Red Flag Alert to offer readers a discount on its services and help you avoid worthless invoices from insolvent companies.

For more information and to benefit from the Enquirer discount click here.

 

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