Image: Styles & Wood
Fitout firm Styles & Wood and its non-trading parent company Extentia Group have both entered administration, with the loss of more than 200 jobs.
Administrators from EY were called in on 28 February to oversee the companies, with Styles & Wood suffering severe cashflow problems after “significant losses” over the past 12 months.
Extentia Group bought Styles & Wood in 2018 and while the fitout contractor is in administration, other businesses within the group continue to trade normally.
Register for free or sign in to continue reading
This is not a paywall. Registration allows us to enhance your experience across Construction Management and ensure we deliver you quality editorial content.
Registering also means you can manage your own CPDs, comments, newsletter sign-ups and privacy settings.
