Rocketing fixed-price jobs helped sink Welsh contractor, administrator says

By Dave Rogers2022-11-02T14:06:00

Jehu Group goes after more than 85 years in business

Administrator Begbies Traynor said fixed-price jobs agreed before the pandemic only to jump by eye-watering amounts helped sink Welsh firm Jehu Group.

The Bridgend-based contractor and developer formally went into administration last Friday a week after Begbies Traynor was called in to help put the business and sister companies Jehu Project Services and Waterstone Homes into administration.

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