Carillion liquidation – have you been affected?
The High Court has today appointed the Official Receiver as liquidator of the following Carillion companies:-
- Carillion Plc
- Carillion Construction Limited
- Carillion Services Limited
- Planned Maintenance Engineering Limited
- Carillion Integrated Services Limited
- Carillion Services 2006 Limited
Carillion’s liquidation will have a significant impact on its supply chain, subcontractors, staff and potentially, some of the employers it is working for.
The Court has appointed Special Managers at PwC to assist and a dedicated website has been created to provide information and assist those affected by the liquidation.
The Official Receiver’s priority is to ensure the continuity of public services while securing the best outcome for creditors. Unless told otherwise, all employees, agents and subcontractors are being asked to continue to work as normal and they will be paid for the work they do during the liquidations. Further information for suppliers to Carillion can be found here.
If you are owed money by Carillion or you are concerned about the effects on your own business, please contact your usual Baldwins contact or a member of our Restructuring & Insolvency team.
The difference between businesses that survive and thrive and those who fail is how well they manage difficulties. We can support you and your business by helping you to address underlying problems at the earliest signs of financial difficulties with solutions that work. To find out more, read The ICAEW’S guide to our services.