Integra (Brighton) Ltd, the Brighton based construction business, entered into administration on Wednesday 8th October, with the appointment of Ian Vickers of Vantis Business Recovery Services (BRS), a division of Vantis, the UK accounting, tax and business advisory group.
Integra Ltd operated throughout East and West Sussex, employing 26 staff, with an annual turnover of £10million. The company ran into financial difficulties after failing to receive money owed.
Commenting on the administration, Vickers says:
“Integra was a business with a good track record, having recently won the Sussex Heritage Trust Awards 2008. It has unfortunately been forced into insolvency due to the downturn in the construction sector; however we are working closely with the management team to maximise realisations from the assets and current contracts.”
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