Grant Prior at Construction Enquirer reports that engineering services contractor Ilec Limited has gone into administration.
According to Construction Enquirer, the Gloucestershire based contractor is now in the hands of administrators at Harrisons.
Latest accounts for Ilec filed at Companies House show that in the year to March 31 2019 the business made a pre-tax profit of GBP232,395 down from GBP522,654 last time as turnover fell sharply to GBP7.6 million from GBP16.7 million, Construction Enquirer discloses.
Ilec specialized in the installation of M&E services in high rise mixed-use developments. Accounts show the company employed 44 people.