Jobs lost as construction firm enters administration

At least 40 people at a Dorset construction firm have been made redundant after the company entered administration.

Acheson Construction has its headquarters on Railway Triangle Industrial Estate in Dorchester.

Joint administrators Richard Lewis and Alistair Wardell of Grant Thornton said the £53m turnover firm had ceased trading on their appointment, with most of the 48-strong workforce losing their jobs.

Forty staff were made redundant immediately when they took control of the regional contractor this week.

Lewis said: “The business has been impacted by increased costs on fixed priced contracts, delays in the commencement of new projects and a dispute over amounts due under a key contract.

“Whilst the directors had considered alternative options, they sadly concluded it was no longer viable to continue to trade.

“Our efforts are initially focussed on supporting employees with making claims to the Redundancy Payments Service, securing physical assets and gathering information and evidence to support any claims the company has under contracts including in relation to retentions.”