Envelope

Envelope specialist went under owing more than £24m

Cladding firm English Architectural Glazing went under owing more than £24m, it has been revealed. The company – which was part of the collapsed Clarison Group – went under in June, a matter of months after being separated from the former group. According to a Companies House filing by administrators at Begbies Traynor, it owed

Envelope specialist eyes brighter 2025 after ISG dispute and cyber attack

Francis Keenan Building envelope specialist FK Group plunged to a £5.9m pre-tax loss after a challenging year in which it was impacted by the collapse of ISG. The Cheshire-based firm said a legal dispute with ISG and the tier one contractor’s demise had led to the loss in the year to 31 March 2024. FK

Envelope contractor’s parent triples profit

The parent company of top envelope contractor Stanmore has tripled its profit amid growing demand for new housing. Akaal Group reported £20.9m in pre-tax profit for the 12 months to 31 March 2024 – three times the £6.9m figure it made the year before. Turnover grew by 39 per cent to £197.9m, which director Rajbir