Breyer Group

[Yanzi Gravy]

Sad news

https://roofingtoday.co.uk/breyer-group ... istration/

[George M]

Sad news

https://roofingtoday.co.uk/breyer-group ... istration/

It’s happening daily in the construction industry. The banks currently view construction as a risk so will not support struggling companies. Despite nobody wanting to admit it , our economy is on the floor and the country is in recession

[banqo]

Sad news

https://roofingtoday.co.uk/breyer-group ... istration/

It’s happening daily in the construction industry. The banks currently view construction as a risk so will not support struggling companies. Despite nobody wanting to admit it , our economy is on the floor and the country is in recession

Don't worry Rachel from accounts will sort it out

[Orient Punxx]

Irrespective of economic cycles, banks have always viewed the construction industry as high risk.

[gshaw]

Sponsoring Orient doesn't end well for construction companies it seems

[George M]

Irrespective of economic cycles, banks have always viewed the construction industry as high risk.

Probably . Which is strange as most of their money comes from high risk trading

[Yanzi Gravy]

Sad news

https://roofingtoday.co.uk/breyer-group ... istration/

It’s happening daily in the construction industry. The banks currently view construction as a risk so will not support struggling companies. Despite nobody wanting to admit it , our economy is on the floor and the country is in recession

You would not think so when one and a half million homes are under construction according to The DPM Rayner. Then again, banks only give an umbrella when it is not raining.

[BiggsyMalone]

I seem to remember I flagged this when they first got the stadium rights. The owners have a history of dissolving companies.

[Orient Punxx]

Irrespective of economic cycles, banks have always viewed the construction industry as high risk.

Probably . Which is strange as most of their money comes from high risk trading

I used to work in the credit policy department of a large bank. The exception would have been RBS & BoS in the run up to the Financial Crisis. Nothing canny about the Scots at that time.

[OyinbO]

This company was incorporated in 1963. Hardly a fly-by-night operation.

[ContrifibulatoryFred]

I seem to remember I flagged this when they first got the stadium rights. The owners have a history of dissolving companies.

What rot
Breyer is not a man who opens then folds companies

Your comment displays a monumental level of ignorance that a simple check of Companies House could have avoided

[EliotNes]

Irrespective of economic cycles, banks have always viewed the construction industry as high risk.

I ran my own profitable businesses for 27 years. I have nothing but contempt for UK banks especially their “we’ll help you” advertising. Load of rubbish.

[ContrifibulatoryFred]

Breyer Group are not victims of the recession etc
They made a grave mistake in a (2017) job for Lewisham Councul involving about £3m of doors which were found to be unsafe.
Lewisham (rightly) sued for £3m money back. Breyer went to arbitration and lost. Then Lewisham had to pay AN Other to replace e the doors and sent the Breyer bill for another £3m
Breyer took this to arbitration on basis that they had already effectively paid out. But the arbitration went against them as the panel agreed that Lewisham should not have to pay to put right their faulty workmanship.
All of this is in the public domain.
Breyer cocked up by failing to install the right doors but the arbitration costs plus legal fees would have sent any company into serious financial difficulty.
According to construction news Breyer fought hard to stay going - because 62 years trading is worth fighting for.
Sadly they couldn’t withstand a barrage of writs and subsequently gone into administration.

[BiggsyMalone]

I seem to remember I flagged this when they first got the stadium rights. The owners have a history of dissolving companies.

What rot
Breyer is not a man who opens then folds companies

Your comment displays a monumental level of ignorance that a simple check of Companies House could have avoided

Maybe go and have a look at the amount of companies ‘Breyer’ has on companies house. Maybe take a note of what you say about ignorance, you need to take your own advise, clown.

[Lifelongfan]

I seem to remember I flagged this when they first got the stadium rights. The owners have a history of dissolving companies.

What rot
Breyer is not a man who opens then folds companies

Your comment displays a monumental level of ignorance that a simple check of Companies House could have avoided

Maybe go and have a look at the amount of companies ‘Breyer’ has on companies house. Maybe take a note of what you say about ignorance, you need to take your own advise, clown.

Timothy Breyer has only been a director of Breyer associated cos, I agree he is not a man who opens & closes cos. Are you confused with Gaughan?

[ContrifibulatoryFred]

I seem to remember I flagged this when they first got the stadium rights. The owners have a history of dissolving companies.

What rot
Breyer is not a man who opens then folds companies

Your comment displays a monumental level of ignorance that a simple check of Companies House could have avoided

Maybe go and have a look at the amount of companies ‘Breyer’ has on companies house. Maybe take a note of what you say about ignorance, you need to take your own advise, clown.

I have looked and there is no pattern of receiverships in the Breyer family.
You are the one who made a ludicrous statement claiming some kind of past insight which frankly doesn’t stand up.

[Orient Punxx]

Irrespective of economic cycles, banks have always viewed the construction industry as high risk.

I ran my own profitable businesses for 27 years. I have nothing but contempt for UK banks especially their “we’ll help you” advertising. Load of rubbish.

I worked for 23 years in the banking industry. I having nothing but contempt for it myself. Had probably the most desirable job in my banking career when I left and would still have been happy to have cleaned toilets as an alternative (left 1 year before Financial Crisis).

[Adz]

Irrespective of economic cycles, banks have always viewed the construction industry as high risk.

Probably . Which is strange as most of their money comes from high risk trading

High risk trading has the potential for high returns, as opposed to high risk industries.

[bobo66]

"Roofing Today" - Don't you just love it.

[Max B Gold]

Irrespective of economic cycles, banks have always viewed the construction industry as high risk.

Probably . Which is strange as most of their money comes from high risk trading

High risk trading has the potential for high returns, as opposed to high risk industries.

It's hardly high risk if the state underwrites their blunders and they fiddle the LIBOR rates, miss sell products etc.