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Tag Archives: Interserve

Debbie White to step down as Interserve announces restructure

Interserve Group Limited has today announced that Debbie White will step down from her role as Chief Executive Officer as of 31 December 2019, along with a new divisional operating structure for the Group and its three divisions. Having outlined ...

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New commercial director at Interserve Construction

Interserve Group has appointed Ben Edwards as Commercial Director of the company’s UK construction business. Edwards, who has worked in the construction sector for more than 20 years, joins the company from Sobha in Dubai where he was Group Commercial ...

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Interserve lands place on Prison Operator Services framework

Interserve Group Limited has been awarded a place on the Ministry of Justice’s £4 billion Prison Operator Services Framework agreement. Interserve is one of six providers to be accepted onto the framework, which is part of the Government’s flagship programme ...

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Interserve owed creditors in excess of £100m

Companies House filings show Interserve owed its creditors in excess of £100 million when it went into administration in March 2019. In total, Interserve owed £55.4 million to its secured creditors and another £50.5 million to its unsecured creditors. The ...

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Interserve wins M&E contract with Crown Paints

Interserve Group Limited has been awarded a national contract to deliver mechanical and electrical maintenance services to paint manufacturer, Crown Paints Limited, part of the Hempel Group. Crown Paints recently changed its supply strategy by moving to a single services ...

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Knauf Airless Finish wows at new Sir Robert Ogden Cancer Centre

Knauf Airless Finish, part of the Knauf Readymixed Finishes range (RMF) was specified on a project led by construction giant Interserve to build a new care centre for Macmillan Cancer Support and South Tees Hospital NHS Foundation Trust in Northallerton, Yorkshire. For such a well-known client, it was important to design ...

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FRC opens investigation into Interserve financial statements

UK audit watchdog, the Financial Reporting Council (FRC) has commenced an investigation into the audit by Grant Thornton UK LLP of the financial statements of Interserve Plc for the years ended 31 December 2015, 2016 and 2017. The investigation will ...

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Interserve completes sale of the Group

International support services, construction and equipment services group, Interserve, has announced the appointment of Alan Hudson and Hunter Kelly of Ernst & Young LLP as administrators to Plc and the successful completion of the sale of the Group, other than ...

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Interserve: faces crunch vote on rescue plan

Interserve faces a crunch vote on Friday over its proposed rescue plan. If shareholders fail to back the debt-for-equity deal, the firm could go into administration by the weekend. The firm employs 65,000 staff worldwide, 45,000 in the UK, cleaning schools and ...

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Interserve issues statement regarding deleveraging plan

The Interserve Board has confirmed it has been in discussions with majority shareholder, Coltrane Asset Management, and its lenders, which have sought to establish the basis on which Coltrane would support the company’s restructuring proposal. On Monday (4 March) Interserve announced ...

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