{"id":182539,"date":"2023-10-11T15:39:10","date_gmt":"2023-10-11T15:39:10","guid":{"rendered":"https:\/\/precoinnews.com\/?p=182539"},"modified":"2023-10-11T15:39:10","modified_gmt":"2023-10-11T15:39:10","slug":"company-which-built-20m-luton-airport-car-park-went-bust-last-month","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/world-news\/company-which-built-20m-luton-airport-car-park-went-bust-last-month\/","title":{"rendered":"Company which built \u00a320m Luton airport car park went BUST last month"},"content":{"rendered":"<h2>Revealed: Company which built \u00a320m Luton airport car park destroyed by inferno went BUST last month &#8211; and had also been working on Liverpool and Fulham&#8217;s football stadiums<\/h2>\n<ul>\n<li><strong>Buckingham Contracting Group won contract in 2018 to build airport car park<\/strong><\/li>\n<li><strong>Company went bust on September 4 amid &#8216;significant cash flow pressures&#8217;<\/strong><\/li>\n<\/ul>\n<p>The company which constructed the London\u00a0Luton Airport car park that collapsed during a major fire entered administration just five weeks ago, MailOnline can reveal.<\/p>\n<p>Buckingham Contracting Group won a \u00a320million contract in July 2018 to build the 1,900-car site at the airport in Bedfordshire, which opened one year later in 2019 as part of a multi-year modernisation programme costing tens of millions of pounds.<\/p>\n<p>But the company, which was also involved in building new football stadium stands at Liverpool FC&#8217;s Anfield and Fulham FC&#8217;s Craven Cottage, went bust on September 4.<\/p>\n<p>Also involved in the car park construction was a Lancashire-based company called Raised Floor Solutions (RFS), although it was not the builder or main contractor.<\/p>\n<p>RFS confirmed to MailOnline today that it was employed by Buckingham to supply and install the metal-deck flooring formwork to the designs produced by a structural engineering firm called Hill Cannon which is based in Harrogate, North Yorkshire.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/11\/15\/76431653-12619307-image-a-10_1697035278947.jpg\" height=\"357\" width=\"634\"><\/p>\n<p>The burnt out shells of cars amongst debris at the multi-storey car park at Luton Airport today<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/11\/15\/76431661-12619307-image-a-11_1697035292366.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>People stop to look at the scene following the fire at the Luton Airport car park this afternoon<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/11\/15\/76431669-12619307-image-a-9_1697035272176.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>A fire ripped through the car park at Luton Airport overnight, causing it to collapse<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/11\/15\/76419449-12619307-Passengers_are_facing_disruption_as_Luton_Airport_remains_closed-a-8_1697035258886.jpg\" height=\"450\" width=\"634\"><\/p>\n<p>Passengers faced disruption after Luton Airport was closed because of last night&#8217;s car park fire<\/p>\n<p>Buckingham had also been involved in the planned \u00a3110million redevelopment of the 35,400-seater Casement Park stadium in Belfast,\u00a0which is due to host matches at Euro 2028 but be primarily used for Gaelic Athletic Association (GAA) games.<\/p>\n<h3>READ MORE Is this the car that started the Luton airport car park fire? Moment Range Rover explodes before \u00a320m multi-storey structure collapses<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/11\/15\/76417223-12619307-Shocking_footage_has_emerged_of_a_vehicle_going_up_in_flames_at_-m-3_1697034290053.jpg\" height=\"170\" width=\"274\"><\/p>\n<p>In addition, it was contracted to refurbish the lower tiers of two stands at\u00a0Birmingham\u00a0City FC&#8217;s St Andrew&#8217;s stadium &#8211; and was previously involved in work on one of the stands at Molineux, home of Wolverhampton Wanderers.\u00a0<\/p>\n<p>The firm, which was the biggest construction company to go out of business since Wolverhampton-based Carillion in January 2018, beat four competitors to land the Luton contract.<\/p>\n<p>At the time, Buckingham was performing well having reported an 20 per cent rise in profits for 2017 and a 3.9 per cent margin &#8211; its highest in a decade.<\/p>\n<p>But last month, it went bust after 36 years of uninterrupted trading &#8211; with about 500 staff being made redundant following what administrators Grant Thornton described as &#8216;significant cash flow pressures and subsequent losses&#8217;.<\/p>\n<p>They added that the &#8216;legacy issues faced by the company and ongoing losses were simply too great to enable the refinance to succeed in an acceptable timescale&#8217;.<\/p>\n<p>At the time, Buckingham&#8217;s chairman Mike Kempley said he was left &#8216;extremely sad&#8217; by the death of the company which had a turnover of \u00a3665million, reported Construction News.<\/p>\n<p>Some of the business was saved by civil engineering firm Kier, which bought its rail engineering arm for \u00a39.6million and saved around 180 jobs.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/11\/15\/76431345-12619307-image-a-4_1697034900581.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>Buckingham Group Contracting was involved in the redevelopment of Liverpool FC&#8217;s Anfield<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/11\/15\/76431577-12619307-image-a-5_1697035115077.jpg\" height=\"408\" width=\"634\"><\/p>\n<p>Fulham FC&#8217;s new stand at Craven Cottage was also a project on the books of Buckingham<\/p>\n<p>But Buckingham&#8217;s other divisions in civil engineering, demolition, major projects and sport and leisure could not be sold by Grant Thornton.\u00a0<\/p>\n<h3>READ MORE Our new \u00a348,000 Mercedes was destroyed in the Luton airport car park fire<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/11\/15\/76419979-12619307-Liz_and_Gary_Blackmore_of_Loughborough_have_revealed_how_their_n-a-1_1697033959952.jpg\" height=\"209\" width=\"274\"><\/p>\n<p>At Luton Airport, the runway remained closed until 3pm today after a vehicle fire that broke out just before 9pm last night caused a car park to collapse.<\/p>\n<p>The fire was declared a major incident, with firefighters working through the night and into the early hours of today to extinguish the blaze.<\/p>\n<p>Bedfordshire Fire and Rescue Service said it received a report of a car fire on level three of the airport&#8217;s Terminal Car Park 2 at 8.47pm yesterday.<\/p>\n<p>Fifteen fire appliances and more than 100 firefighters were deployed.<\/p>\n<p>Three firefighters and a member of airport staff were taken to hospital suffering from smoke inhalation, and another firefighter was treated at the scene.<\/p>\n<p>Andrew Hopkinson, chief fire officer for Bedfordshire Fire and Rescue Service, said: &#8216;On arrival my officers were faced with a severe and rapidly spreading fire involving a large number of vehicles that ultimately spread to multiple floors and involved a partial collapse of the car park.&#8217;<\/p>\n<p>He said the car park does not have sprinklers, and if it did they &#8216;may have made a positive impact&#8217;.<\/p>\n<p>The fire chief added: &#8216;We are already talking to the airport about ensuring that any future, and the existing, car parks have sprinklers fitted.&#8217;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/11\/15\/76431587-12619307-image-a-6_1697035156364.jpg\" height=\"451\" width=\"634\"><\/p>\n<p>Buckingham was involved in rebuilding the Kop stand at Birmingham City FC&#8217;s St Andrew&#8217;s<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/10\/11\/15\/76431629-12619307-image-a-7_1697035221489.jpg\" height=\"357\" width=\"634\"><\/p>\n<p>Buckingham had also been involved in the \u00a3110million redevelopment of the 35,400-seater Casement Park stadium in Belfast, which is due to host matches at the Euro 2028 tournament<\/p>\n<p>Mr Hopkinson said up to 1,500 vehicles were inside the car park at the time of the fire.<\/p>\n<p>The blaze is believed to have started with a diesel-powered vehicle &#8216;and then that fire has quickly and rapidly spread&#8217;, he said.<\/p>\n<p>There is no suggestion the blaze happened intentionally. A temporary ramp is being installed at the car park to enable undamaged vehicles to be removed.<\/p>\n<p>MailOnline has asked Buckingham&#8217;s administrators Grant Thornton for comment.\u00a0Hill Cannon has also been contacted for comment.<\/p>\n<p>Source: <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-12619307\/Company-built-20m-Luton-airport-car-park-destroyed-inferno-went-BUST-month-working-Liverpool-Fulhams-football-stadiums.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revealed: Company which built \u00a320m Luton airport<\/p>\n","protected":false},"author":3,"featured_media":182538,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23056],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Company which built \u00a320m Luton airport car park went BUST last month - 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