Tipper haulier PJ Brown (Construction) collapsed owing £6.5m, administrators report reveals


 

FORS Gold member and tipper haulier PJ Brown (Construction) went into administration owing £6.5m to creditors, an administrator’s report has revealed. The Crawley-based firm was tipped over the edge by the impact of the Covid-19 pandemic, which saw construction sites in lockdown from March. The report, by joint administrators Nicholas Cusack and David Perkins of Parker Andrews and Andrew Andronikou of Quantuma, said the company reached peak performance in 2017 achieving £1.3m in profits. However, by the end of 2018 […]