SIA Group played a critical role in minimising the impact from the administration of Daniel Contractors.
Family owned construction and engineering firm, Daniel Contractors, specialised in pipe laying. At the time of its failure in the summer of 2013, Daniel Contractors had nearly 1,500 staff with around two thirds laying pipes for water companies in the North West, the South West and in Wales.
“Speed and sensitivity were of critical importance with this project.”
SIA Group worked closely with administrators Deloitte to undertake a thorough examination of the assets of the business. Deloitte were able to reach an accord with main customers to enable the company to continue trading, with the intention that they would be transferred to alternative providers at a later stage.
Deloitte saved 1,226 of Daniel’s 1,449 jobs. More than 1,000, who were working on contracts with Bristol Water, United Utilities and Welsh Water, have been transferred to Enterprise, May Gurney and Murphy.
Paul Craig, Managing Director at SIA Group said:
“Speed and sensitivity were of critical importance with this project. As is our trademark, our team invested heavily in time on site to ensure that this high profile situation was able to be brought to a timely and satisfactory outcome.”
David Elliott, Assistant Director, Deloitte LLP (Manchester) and Mark Bailey, Assistant Director, Deloitte LLP, (Manchester), said:
“This was the first time we had dealt with SIA. The speed with which they were on site, and also the amount of time they spent on site, was very impressive. They always provided us with swift responses, making it as easy as possible for us to get on with our job. For example, when offers were received for assets, they were quick at putting an email report together and gave very clear recommendations.”
David and Mark continued:
“Daniel is a family business and the SIA team demonstrated extremely high levels of sensitivity and diplomacy throughout to ensure the job kept on track although this was the first time we had worked with SIA, it has not been the last. We used them shortly after Daniel
on our next insolvency assignment.”