Buckingham Group Contrac... Market Share Analysis for July 2026

on 4 september 2023, rob parker, jon roden and kevin coates of grant thornton uk llp were appointed as joint administrators of buckingham group contracting limited (the company), a construction business based in buckinghamshire and with operations throughout the uk. following recent significant cashflow pressures and subsequent losses incurred by the business, the directors and its advisors have been working hard to deliver a successful refinancing and secure the future of the business. however, the legacy issues faced by the company and ongoing losses were simply too great to enable the refinance to succeed in an acceptable timescale. rob parker, director at grant thornton uk llp, commented on behalf of the joint administrators: the joint administrators are very pleased to confirm a sale of the rail division and hs2 contract to the kier group (the purchaser), which safeguards jobs for 180 people. the joint administrators intend to continue to operate part of the company's head office function for a short period, in support of the purchaser, retaining approximately 45 employees. joe incutti, group managing director at kier transportation, said: the buckingham group contracting rail business had built a very strong reputation for assured delivery in the rail sector. i am pleased that we now welcome 180 new colleagues into kier transportation. the team will further strengthen our capability, and this helps to bring an end to a period of uncertainty for clients and employees by ensuring continued delivery on existing projects, and the retention of hugely important skills and expertise in the rail sector. rob parker added: it is, however, with regret, that despite the best efforts of the directors and the company's advisers, a sale of the company's remaining divisions (building, civil engineering, demolition, major projects and sport & leisure) was not possible. as a result, 446 employees from these divisions together with some other central roles at the company h