Road sweeper hire specialist Go Plant has filed a notice of intention to appoint an administrator.
The firm’s machines are a common sight on building and civils jobs across the country.
Go Plant’s latest accounts show the business had a turnover of £44.8m for the year to June 30 2022 generating a pre-tax loss of £4m while employing 443 staff.
Sister company Go Plant Fleet Services has also filed a a notice of intention to appoint an administrator.
The current operation is the result of a merger between two businesses, Essential Fleet Services (acquired from Kier plc in July 2015) and Go Plant (acquired from the Davidsons Homes group in July 2017).
Data and credit checking specialist Red Flag Alert highlighted the firms’ 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.
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