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Administration · 17 February 2026

Jerram Falkus Construction

Main contractor · London · Greater London

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What happened

JERRAM FALKUS CONSTRUCTION LIMITED (company number 00820289), incorporated in 1964, entered administration on 17 February 2026. Its status at Companies House is now: administration.

Why it failed

A planned wind-down left little cushion when slower sites, client delays, three loss-making contracts, £1.8m unreimbursed costs, a lost adjudication and delayed new awards created a £1.8m cash deficit.

  • Main reason: Cash flow
  • Delays
  • Losses on contracts
  • Clients not paying or failing
  • Legal claims
  • Cost inflation

Our summary of the reasons given in the administrators' proposals. These record the administrators' and directors' account of what happened.

An administrator, a licensed insolvency practitioner, takes control of the company to try to rescue it, sell the business or get a better result for creditors than a liquidation.

Previously known as: FALKUS CONSTRUCTION LIMITED.

Timeline

The last accounts and payment report before the failure, then what happened, with the time between each.

  1. 31 July 2024

    Last accounts filed were made up to this date

    19 months later

  2. 17 February 2026

    Administration started

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Jul 2024
£47.6m
Accounts at Companies House
Staff, year to Jul 2024
63
Accounts at Companies House
Net assets, year to Jul 2024
£7.1m
Accounts at Companies House
Owed to unsecured creditors (estimated), as at 17 February 2026
£9.3m
of which trade creditors £8.2m. HMRC owed £737k. Expected return to unsecured creditors: a payment expected; amount not yet known
Administrators' proposals

The last accounts filed were full accounts made up to 31 July 2024, 19 months before it went into administration.

The full filing history, including any late filings, charges and director changes, is on Companies House.

Lessons learned report

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