Bookmark and Share

Patton Construction Goes Into Administration

One of Northern Ireland’s leading construction firms has gone into administration.

Ballymena based Patton group has been appointed with administrators who will decide the firm’s future.

Administrator Tom Keenan of Keenan CF is overseeing the process. Patton's will continue to operate as normal until then.

The company could be broken up, continuing to run according its most profitable parts or sold off in sections.

The Patton Group currently employs 320 staff throughout the various elements of its construction work.

Patton chairman Neil Patton said: "This is a very sad day for everyone connected to this family business and the communities we have served for the last 100 years.
News Image
"The directors have looked at every possible option to avoid administration, but it became inevitable because of the general downturn in the building sector, pressure on margins and the resultant impact on cashflow."

He added: "Unfortunately, the company has suffered from the widespread downturn impacting the construction industry and, as a result, has experienced a decline in trading performance.

"The financial position facing the business was such that administration was the last remaining option available to the directors."

The news follows a warning from the company on Monday that it was facing financial difficulties.

Patton had been one of the companies in Northern Ireland fortunate enough to survive the economic downturn, which has hit the construction sector particularly bad across the UK and Ireland.

Last year it posted a loss of £7m.

Patton's has been in business for 100 years.


Related Northern Ireland News Stories
Click here for the latest headlines.

16 February 2017
Man Jailed For 11 Years After Attacking Woman With A Claw Hammer
A man from Belfast has been jailed for 11 years after attacking a woman with a claw hammer in L'Derry. The victim, now aged 25, sustained severe internal injuries after being assaulted at her home in the Glenabbey area on 03 October, 2014. Aaron Hyland, 22, from the Ballymurphy area was sentenced to 11 years behind bars at Derry Courthouse.
26 January 2017
Family Renew Appeal To Find Gerard Conway
The family of missing Tyrone man, Gerard Conway, have renewed their appeal for information following his disappearance 10 years ago. Mr Conway was last seen in the Cookstown area in February 2007. He suffered from bipolar disorder and was 32-years-old when he went missing. His family said they have been left "distressed, broken and devastated".
09 November 2012
Patton Workers Told Of Redundancies
Workers at the Northern Ireland construction company Patton are being told of redundancies today. The County Antrim firm has been placed into administration this week following the public announcement of financial difficulties. Administrator Tom Keenan of Keenan CF is overseeing the running of Patton Group.
06 January 2017
Concerns Raised After Aerospace Firm Enters Administration
Sinn Féin MLA Raymond McCartney has raised concerns over news that an aerospace firm in L'Derry has gone into administration. Schivo NI employs 83 people and bought over Maydown Precision Engineering.
04 December 2012
147 Jobs Lost In Patton Fallout
147 jobs have been lost as another Northern Irish construction firm suffers from the Patton Group fall-out. Dunloy-based Joseph Hughes Group, a sub-contractor with Patton, has been placed into the hands of administrators. Its position was said to be "untenable" due to the Patton Group collapse.
09 February 2017
Kingsmill Suspect Will Not Be Prosecuted
The Public Prosecution Service (PPS) will not be prosecuting a man who was arrested last year in connection with the Kingsmill massacre. Ten Protestant workmen were killed after their minibus was attacked in co Armagh on 05 January 1976. Another man survived despite being shot 18 times.
31 January 2017
Construction Work In Belfast At Highest Level In Almost Ten Years
Construction work in Belfast is at its highest level in almost a decade, according to a new report. A total of 11 new development schemes were completed in the city last year, including two hotels. A further six hotels are also currently under construction.
24 January 2017
Construction Work Starts On Student Flats In Belfast
Construction firm Gilbert Ash has started work on a block of student flats in Belfast. The 474-bedroom development on Great Patrick Street is expected to be completed in August 2018. The contract is being valued at £22million. The scheme also includes a ground level retail unit and a landscaped courtyard.
14 September 2016
Accountancy Firm To Create Over 40 New Jobs In Belfast
An accountancy firm has announced it is to create over 40 new jobs in Belfast over the next three years. BDO Northern Ireland said the new posts will provide professional services to a range of blue chip and FTSE 500 clients within the BDO International network. First Minister Arlene Foster welcomed the announcement.
16 November 2012
Invest NI Cannot Compensate Patton Subcontractors
Invest Northern Ireland has said they are unable to offer compensation to subcontractors owed money by the ailing construction firm Patton Group. The company is facing difficulties after it was placed into the hands of administrators last week. 190 staff at Patton's in Ballymena have been laid off.
08 February 2013
Patton Group Headquarters For Sale
County Antrim-based construction group Patton has had its former headquarters put up for sale for £800,000. Patton’s administrator has put the building on sale following the firm’s collapse in November 2012, which cost creditors over £60m. Patton’s headquarters were situated at the Woodside industrial estate on the outskirts of Ballymena.
18 October 2002
Awareness week highlights risks of working at heights
Local companies have thrown their weight behind the European Health & Safety Week to raise awareness of the danger of working at heights on construction sites. The safety initiative comes in the wake of incidents in which two men tragically lost their lives as a result of falls.
23 November 2012
Patton Group Confirms 54 Redundancies
54 redundancies are to be made at construction firm Patton Group it has been confirmed. The administrator Tom Keenan of Keenan CF said in a statement: "A significant number of customers have terminated contracts resulting in a sharp decline in activity levels. The company's trading position will continue to be reviewed.
15 December 2014
Mivan Workers Win Compensation
An industrial tribunal has awarded former workers at Co Antrim construction firm Mivan compensation after they lost their jobs without warning. The company entered administration in January this year, with all staff at the firm losing their jobs.
30 September 2016
Man Dies On Construction Site In Co Down
A man has died on a building site in Warrenpoint, Co Down. The Health and Safety Executive for Northern Ireland (HSENI) has been informed. In a statement HSENI said: "Inspectors from HSENI attended the scene immediately and investigations into the incident are ongoing.