Jewson owed by failed Hewlett group

Published:  05 April, 2013

Jewson is owed £197,000 by contractor Hewlett Group, which collapsed owing £11.6m to trade creditors and around £4.4m to its bank.

According to the administrator’s report into the firm’s failure in January, the management buy-out team bought the assets of Hewlett’s civil engineering and rail businesses for around £1.5m and its plant hire arm for £66,000.

The deal for the businesses, which were later renamed Hewlett Construction and Hewlett Plant, saved around 300 staff jobs. This week Hewlett Construction said it had won its first major £12.5m infrastructure contract since being rescued from the administration.

According to the report by administrator BDO, a string of suppliers have been left out of pocket by the collapse of Hewlett Civil Engineering, which the previous management team blamed for failing to support its restructuring plan.

Among the major creditors are Burdens, which itself fell into administration owed £292,000, hirer Gap Group hit for £331,000, ATG Access owed £226,000 and Jewson with £197,000 outstanding. BDO said the sale of assets had raised insufficient cash to pay trade creditors and Hewlett’s bank would also suffer a shortfall.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.