Upmarket builder and fit-out specialist Holloway White Allom has been placed in administration
Upmarket builder and fit-out specialist Holloway White Allom has been placed in administration.
The London building firm traces its history as far back as 1882 and specialised in high-end contracting building London landmarks like the Old Bailey and Bank of England.
HWA built a formidable reputation as a specialist in the high-end residential and commercial market covering refurbishment and new build and achieved a £90m turnover.
A former employee told the Enquirer: “All the workforce were made redundant on Friday.
“Its been a very sad week.”
He added: “There were several problems – the turnover fell sharply from around £90m to £60m in the course of two years and existing overheads were probably carried too long.
“There were also a couple of loss-making projects which hit the firm hard,” he told the Enquirer.
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