Begbies Traynor Group

Wetherby construction firm placed into administration

Date Published: 06/04/2018

On 26 March 2018, Wetherby-based construction business Haresign Limited was placed into the hands of joint administrators Julian Pitts and Bob Maxwell of Begbies Traynor in Leeds.

Haresign Limited, which was based in Sicklinghall, undertook niche construction projects, creating high quality handcrafted buildings including a number of commercial and residential developments around West and North Yorkshire.

The company ran into problems through its involvement in a major construction project to create a new wedding venue at Wharefedale Grange near Harewood Bridge.  A dispute arose which led to the contract being terminated, resulting in significant cashflow problems for Haresign Limited and the company being placed into administration.  It has ceased trading with the loss of 11 jobs and it also used the services of a number of subcontractors.

The joint administrators are currently reviewing the issues around the dispute in order to ensure the best outcome for the company’s creditors.

About The Author

Meet the Team

Following graduation from the University of Hull, Julian qualified as a Chartered Accountant with Coopers & Lybrand in Leeds. In 1989  he was the joint founder of Wilson Pitts, a specialist independent practice dealing with all aspects of insolvency and corporate recovery work.  Subsequently in 2006, the Wilson Pitts practice was acquired by Begbies Traynor where Julian is now the Regional Managing Partner for the North-East region.

Julian has significant experience in advising SMEs and their stakeholders, seeking innovative solutions to financial challenges.

With family roots in Devon, Julian has been a life-long supporter of Plymouth Argyle and he also spends time rallying a Mk1 Lotus Cortina as well as trying to reduce his golf handicap.

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Julian Pitts

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