McGill enters governing body for the second time in less than four years.
The Dundee, Scotland-based contractor appointed an administrator this week, Companies House documents show.
Concerns about the company, which employs about 50 people, have been building for weeks after it reportedly asked employees not to come in after it lost its working capital banking facility.
A McGill employee posted on LinkedIn on Thursday that the company was “officially entering management.” She added: “Just wanted to say it was a pleasure working with all of my colleagues and wish you all the best in the future.”
McGill, recently registered in the company building as McGill Facility Management Limited Company, works as a general contractor as well as in the renovation and renovation sector.
In March 2019, the company, then operating under the name McGill & Co, collapsed but was acquired and managed by real estate mogul Graeme Carling through his firm United Capital Investments
The original employees were not transferred to the new company, and about 370 people lost their jobs.
In October 2020, Carling, then CEO of McGill, spoke about major growth plans for the business. He said: “At McGill, we have acquired a platform business where we can achieve our ambition to acquire and build a group of profitable, well-managed construction services businesses.
“The directors of our experienced board understand the market potential; however, since the onset of the coronavirus crisis, we have realised that our ambitions must address the enormous growth in opportunity, so we have set a new target to be within the next three to three Acquisition of businesses with a combined turnover of £500 million over five years. – Five years. “
At the time, the three construction companies he owned had a combined revenue of £50m.
Carling’s directorship of McGill ended in June 2021, according to the company Building. United Capital Investments, of which Carlin remains a director, remains its owner.
McGill is currently working on a number of high-profile jobs in Scotland, including at St Andrews University. In June, it Appointed to renovate the University’s Class B listed buildings.
It also recently renewed its contract with Dundee City Council to install wireless fire alarms on the property.
Construction News made multiple calls to McGill but went unanswered.
