Hadden Construction - Administration

Hadden Construction, a Scottish contractor and the largest in Perthshire, entered administration on 10 September.

Ben Cairns and Jonny Marston from Alvarez & Marsal were appointed joint administrators and said that, like other contractors, Hadden has been battling a number of headwinds in recent years, including inflated materials prices, rising labour costs and supply chain interruptions. At least 66 of the 86 members of staff have been made redundant and all work at the company’s sites has ceased while the administrators carry out their review.

The Bank of Scotland has registered charges against the company.