{"id":871490,"date":"2025-09-08T21:12:37","date_gmt":"2025-09-09T02:12:37","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/08\/me-specialist-he-simm-files-administration-notice\/"},"modified":"2025-09-08T21:12:37","modified_gmt":"2025-09-09T02:12:37","slug":"me-specialist-he-simm-files-administration-notice","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/08\/me-specialist-he-simm-files-administration-notice\/","title":{"rendered":"M&E specialist HE Simm files administration notice"},"content":{"rendered":"
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The family run M&E firm has been in business since 1948 and is in based in Liverpool with offices in London and Manchester.<\/p>\n

Latest results for the company for the extended accounting period of 17 months to December 31 2023 show a turnover of \u00a3118m generating a pre-tax loss of \u00a38.9m<\/p>\n

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H E Simm said the losses were down to inflationary pressures on fixed price contracts and performance issues on a number of legacy projects in London.<\/p>\n

The company implemented a recovery plan to streamline management structures and reporting processes with more selective bidding while the Simm family pumped \u00a34m of funding into the firm.<\/p>\n

At the time of the results the family run business employed 184 people.<\/p>\n

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Data and credit checking specialist Red Flag Alert highlighted the firms\u2019 administration notice with its regular checks of high court construction insolvency applications.Subscribers to the Red Flag Alert service benefit from early warnings about the financial health of companies to help them avoid bad debts.The Enquirer has linked-up with Red Flag Alert to offer readers a discount on its services and help you avoid worthless invoices from insolvent companies.<\/p>\n

For more information and to benefit from the Enquirer discount visit Red Flag Alert<\/a>.<\/p>\n<\/div>\n

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Read More<\/a>
\n Grant Prior<\/p>\n","protected":false},"excerpt":{"rendered":"

The family run M&E firm has been in business since 1948 and is in based in Liverpool with offices in London and Manchester. Latest results for the company for the extended accounting period of 17 months to December 31 2023 show a turnover of \u00a3118m generating a pre-tax loss of \u00a38.9m H E Simm said<\/p>\n","protected":false},"author":1,"featured_media":871491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1474,34921],"tags":[],"class_list":{"0":"post-871490","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-files","8":"category-specialist"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/871490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=871490"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/871490\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/871491"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=871490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=871490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=871490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}