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Wednesday, 3 August 2011

Jonap in administration

John O’Neill and Partners, commonly known as Jonap, has fallen into administration.  The firm was a specialist fit out firm with a last reported turnover of nearly £15m.

Jonap has won a number of high-profile contracts, including the fit-out of Conservative HQ in Millbank Tower.

A winding up petition  was recently heard last Thursday and Leonard Curtis were appointed  as administrators on the same day.
It is understood that  the firm was forced into administration following payment disputes on the £100m luxury Corinthia Hotel refurbishment on which it was the main contractor.

The administrator has confirmed the appointment but has not yet made any comment as to the impact of the administration on employees and customers of Jonap.

Interestingly, the construction sector has shown some recent growth.  A bright spot in an otherwise very gloomy economic picture with manufacturing stalling and the loss of confidence in the global economic recovery.

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