Wednesday, Dec 10, 2008
(scroll down a bit)
reuters.com: PAYMENT WOES DEMOLISH "POSHEST BUILDER"
Robin Ellis Construction, the company known as "London's poshest builder", has gone into administration as the economic downturn hits the once-thriving market for construction work at the capital's prime residences. The company, established in 1984, had earned a reputation among the super-rich as specialists in conversions of listed period homes. Robin Ellis said the collapse was a "dreadful shock" and was brought about by a "climate of non-payment and slow payment by clients". The company, which turned over about 15 million pound a year, has made all 35 staff of Robin Ellis Construction and Robin Ellis Projects redundant.
Posted by spidermug @ 08:03 AM (174 views) Add Comment
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