Plans are that it will be bought out by a private individual

Scaffolding company AGS Scaffolding has been put into administration, with expectation that the business will be bought by a private individual.

It is understood that the business, which is exempt from declaring its revenues because of its size, is being run by administrator Simon Plant at SFG and that it will come to trade under the name of Tunbridge Wells-based AGS Scaffolding Southeast.

AGS is best known for carrying out work for Chorus on the Savoy hotel in 2009, which was valued in excess of £3m and involved around 5000m2 of scaffolding.

The administration does not affect AGS hoarding and fencing, which is a separate business.

Plant was unavailable for comment.