Geoffrey Osborne Limited - Administration

Geoffrey Osborne Limited, a Surrey-based contractor which has been trading for almost 60 years, has entered administration after a valiant fight to keep the business alive.

The company was founded by Geoffrey Osborne in 1966. Family member Andrew Osborne has been chairman since 2012.

The company has been attempting to restructure following macro-economic challenges faced since Covid and the consequent loss of confidence in the sector from investors and funders. The company sold various divisions as part of this restructuring, securing the employment of over 850 people, but this was not enough to save the main business.

RSM were appointed administrators and immediately laid off approximately 100 staff, leaving a few on to assist with the administration process.

Osborne Group Holdings and National Westminster Bank have registered charges against the company.