R O’Donnel Plant and Civil Ltd, a construction company operating in the UK and Ireland, has filed a notice of intention to appoint an administrator. The Yorkshire and Lincolnshare based company was incorporated in October 2014 and is headed by its director, Richard Thomas O’Donnel.

The notice of intention to appoint an administrator is a legal process that protects a company from its creditors for up to 10 working days. During this time, the company and its creditors will explore restructuring or potential sale options, with the goal of securing the best outcome for all parties involved.

Despite its widespread operations, cut-throat competition and supply chain disruptions have adversely impacted the business’s revenue profitability. These financial struggles have led to the decision to file for administration. 

Stringent regulations evolving ESG standards and rising inflation have pushed a number of construction companies in the UK into administration or similar insolvency proceedings. The most prominent problem remains the vast shortage of skilled labour, which directly results in timeline delays and higher costs. 

This shortage has been exacerbated by Brexit as it is now increasingly more difficult  to recruit workers from Europe. Consequently, a scarcity of industry skills and industry knowledge adds to the challenge.  

R O’Donnel Plant and Civil Ltd has indicated its commitment towards working with its creditors in order to continue existing business operations. The company has expressed hope to secure new investments or buyers during the period of protection. To find out more information about the appointed administrators, visit Administration List.