Plant hire firm enters liquidation
Lyndon Thomas, a plant hire company based in Northamptonshire, has voluntarily entered into liquidation.
The company specialises in offering heavy earthmoving equipment and skilled operators from its Corby depot.
Established in 2000, Lyndon Thomas initially began as a groundworks contractor and evolved into a plant hire business.
Managing Director Lyndon said: “The industry has got major problems. Smaller companies don’t get any opportunities against the big boys in the industry now. The value of the plant is down 40% on a year ago and hire rates are right down.”
Recently, the business faced hostile phone calls and emails when a hired excavator was recorded demolishing the 18th Century Crooked House pub in the West Midlands.
The pub had previously suffered fire damage, and local authorities had approved its safe demolition and debris removal. However, the excavator, rented before the fire, was unlawfully used in the demolition.
Following the viral incident, Lyndon asserted his innocence, stating that he had simply provided the equipment on a self-drive basis.
CBA Business Solutions, based in Leicester, is overseeing the liquidation process.