Mechanical and electrical services contractor facing uncertain future

Ambivent Limited / Twitter

A Northampton-based mechanical and electrical building services contractor that was turning over £14m just two years ago could be on the verge of calling administrators, has learned.

Ambivent has been active for over 25 years and currently employs around 61 people, according to its last available accounts.

The company offers a wide range of design, installation, testing and maintenance services for construction projects in a variety of sectors including health, housing, retail and industry.

As we went to press it was unclear what prompted the firm to signal its attention to appoint administrators, but accounts made up to 31 December 2021 show Ambivent was forced to write off £280,000 it was owed after the high-profile collapse of historic contractor Wildgoose Construction earlier that year.

By posting a notice of intention to appoint administrators (NOI) companies protect themselves from creditors for a period of ten days. They are permitted to post a maximum of two NOIs before either continuing to trade or falling into administration. understands insolvency specialists at Begbies Traynor are in the frame to handle Ambivent’s affairs in the event of the firm’s collapse.