With a £64 million annual revenue, the contractor specialised in projects up to £15 million in the South East’s housing, education, healthcare, leisure, and commercial markets. The company was taken over by administrators from Crowe UK LLP earlier this month. Westridge had been on the job site in Southwick, West Sussex, since 2021 and was constructing 49 new homes for Adur District Council, reports Contract Journal.
“We are now considering a number of options to allow the project’s final steps to be completed so that local families can move into the desperately needed properties,” the council declared. They include finding a building contractor who can take over the project quickly, hiring a managing contractor to oversee the last stages of delivery, or taking over the final phases of development management ourselves.
Additionally, Westridge was employed by the housing cooperative Saxon Weald. We are saddened to learn that Westridge Construction has gone into administration because they were a significant local employer. We will have to wait longer to finish our new homes at Livingstone Road in Horsham and The Cobblers in Slinfold as a result of this action. In order to finish the construction process and deliver these homes to those who need them, we are collaborating with our expert advisers to comprehend the implications for both sites.