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Connaught Group - Riddor reporting, Safecontractor, Exor
Rank: Forum user
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Hi All
This morning Connaught Group suspended trading and an announcement regarding administration is expected shortly. the group has 10,000 employees in social housing and property maintenance contracting.
Its compliance division runs the Safecontractor and Exor "accreditation" schemes.
The division also has a contract to run the HSE's RIDDOR accident reporting scheme and incident reporting centre.
I'm advising all my clients to report any RIDDOR accidents the "old-fashioned" way by sending an F10 form to the local HSE/EHO office to be safe.
We await to see if these schemes survive.
Regards
Dave Daniel
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Rank: Guest
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That probably explains why one of my friends who works for HSE, was put on emergency training for RIDDOR last week, maybe HSE were made aware of the company folding?
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Rank: Super forum user
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I have a relation who works for Connaught, he was told about 5 weeks ago that the August payment was the last they could guarantee, so their financial problem has been known for some time.
It therefore should not come as a shock to the HSE, whats that about contingency planning?
Take Care
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Rank: Super forum user
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Is it the whole Group that is in adminstration? The news seems to talk about the housing business and yet they also offer compliance services (including H&S consultation and training).
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Rank: Forum user
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Connaught Compliance Ltd are a seperate company albeit within the group - it's Connaught Partnerships who are in the biggest trouble.
It's likely that those within Compliance will get another change of T-shirts but will otherwise keep going probably under new owners.
JMO, no insider knowledge.....
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Rank: New forum user
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I have just started my NEBOSH Diploma with Connaught Training and have paid nearly half the cost as I am self funding I am very concerned. I have called Connaught and they have told me its business as usual.
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Rank: Super forum user
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There chasing me to sign up for one of our clients schemes that they run. Something we will need to sign up to just to ensure they don't turn round and refuse to use us.
However, before we pay the X amount i'll be asking about 'their' problems to ensure we don't lose out.
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Rank: New forum user
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If your going to advise your clients to use the 'old fashioned' way Dave, probably best you tell them the correct form to use. F10 is CDM Notification.
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Rank: Super forum user
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John, maybe a construction site with an accident waiting to happen….lol!
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Rank: Super forum user
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John Howells wrote:If your going to advise your clients to use the 'old fashioned' way Dave, probably best you tell them the correct form to use. F10 is CDM Notification.
That'll be the F2508 then, or a version of it
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Rank: Super forum user
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A very worrying time for all those employees at Connaught Group!
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Rank: Forum user
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This is a very worrying time for employees and also the many small sub-contractors that assist this group both in the public and private sectors.
This certainly will be a big name to become a victim of the climate if things can't be soted out, or is it in fact the eagerness to secure as much work as possible built into framework agreements to increase the size of the order book.
Others effected will be tenants waiting for repairs and refurbishment projects up and down the country for Local Authorities and RSL's.
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Rank: Forum user
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Chris99 wrote:Connaught Compliance Ltd are a seperate company albeit within the group - it's Connaught Partnerships who are in the biggest trouble.
Chris - I'm no financial expert but I read that selling off subsidiaries was an option tainted by the problems of the main group and therefore might not be possible. Again I can only note what I've read.
Compliance Services may survive in some form but administrators would have to show that it did or could actually make money. No-one's going to buy a liability. Furthermore, consultancies have very little real value - virtually no assets - so selling off won't be a priority.
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Rank: Forum user
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PS - yes those who spotted my typo are right - I did mean the F2508. I don't know who runs the F10 CDM reporting scheme. Let's hope that's not Connaught too!
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Rank: Super forum user
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Without an immediate buy out or sale the remaining operational companies of the group are also likely to fail unfortunately for all employees involved and other creditors
Bob
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Rank: Super forum user
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As I understood it some of these had already been sold off?
I know I had to pay into a different bank a/c this year to last for one of their services.
Don't ask!
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Rank: Forum user
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Mandym wrote:I have just started my NEBOSH Diploma with Connaught Training and have paid nearly half the cost as I am self funding I am very concerned. I have called Connaught and they have told me its business as usual.
i am i exactly the same position , 7 grand down if cnnaught compliance goes too.
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Rank: Super forum user
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"its other main subsidiaries, Connaught Compliance, National Britannia Holdings, Fountains and Connaught Environmental are not being placed into administration, and "will continue to trade normally"."
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Rank: Forum user
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Hmmm. Being in the middle of my Diploma with Connaught Compliance, I am still concerned. They may well say it's business as normal, but do you really expect them to say any different? Will just have to sit tight and see what develops as there is nothing that I can do about it - the money's been paid, so just keep fingers crossed.
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Rank: Forum user
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An interesting piece on Radio 4 this morning confirming what a number of posters have already said. Of the 10,000 employees 5,000 are at risk and these are mainly for the Governments Social housing projects. I think there will be huge amounts of speculation - one of the people on the radio even mentioned an 'enron' situation but was quickly eating his words saying there was no evidience YET of a similar situation!!!
there just never seems to be any positive news - who said this recession was over....?
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Rank: Guest
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Unfortunately I know someone that is likely to lose their job, and £15k because he was paying into the companies shares scheme
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Connaught Group - Riddor reporting, Safecontractor, Exor
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