Jobs lost as funding crisis pushes high-profile Bristol construction firm into administration

October 4, 2019

Bristol construction services firm Dribuild has today fallen into administration with the loss of 30 jobs

The high-profile Hartcliffe-based firm entered into administration today after facing insurmountable funding challenges.

Neil Vinnicombe and Simon Haskew of business recovery firm Begbies Traynor have been appointed to manage the administration. 

Dribuild is currently engaged in nine live commercial construction projects. Five of the company’s 35 strong team are being retained by Begbies Traynor while the administration proceeds.

The firm started in 2008 and enjoyed strong growth for much of the time. In 2017 it was included on the Financial Times list of fastest-growing European countries and last year was named as ione of the London Stock Exchange’s 1,000 Companies to Inspire Britain. It was an active supporter of local charities and sport and has sponsored the south stand at Bristol City FC’s Ashton Gate stadium.

Neil Vinnicombe, a partner in the Bath office of Begbies Traynor, said: “It is always sad to see a business with a strong reputation and order book succumb to financial difficulties, especially when there are redundancies involved.

“As such, we are hopeful of working with existing customers to assist them to complete contracts in progress and help as much of the business’ highly skilled workforce as possible to find alternative employment.”


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