PKF Littlejohn Advisory has been appointed Administrators of Caldwell Construction Limited.
Caldwell Construction Limited is based in Stoke-on-Trent and Warrington, and provides groundworks services for several national housebuilders. The business employs over 400 people, with revenue to March 2025 of around £58 million.
Paul Smith, a Partner at PKF Littlejohn Advisory UK LLP, said: “The construction sector has faced challenging trading conditions over recent years, including increasing costs, delays to schemes and wider market uncertainty. These pressures were exacerbated at Caldwell in recent weeks, placing significant strain on cashflow and operations.”
“The PKF Littlejohn Advisory team in Manchester and Leeds had worked closely with Caldwell’s management over the past few months to explore all available options and potential solutions for the business. Unfortunately, despite extensive efforts, it was not possible to secure a way forward that would allow the company to continue trading outside of an insolvency process.
Joint Administrator, Oliver Collinge, added: “The directors at Caldwell have taken the difficult decision to place the company into administration. Our immediate focus is now on supporting employees and stakeholders while we assess the position of the business and its assets.”
Anyone affected by the administration should contact PKF Littlejohn Advisory by email at: Caldwellconstructionlimited@pkf-l.com
