The 82-year-old practice filed a creditors’ voluntary arrangement (CVA) in June 2009 to change debt repayment deadlines into regular monthly payments to creditors. However, it was not enough to get the company out of difficulties.
Manchester-based insolvency specialist Begbies Traynor was appointed liquidator on 11 October and this was ratified by a meeting of creditors on 21 October.
Gary Lee, partner at Begbies Traynor, confirmed that he is talking to parties interested in purchasing the business as a going concern.
Bingham Davis describes itself on its website as “one of the North West’s premier consulting civil and structural engineers, fully committed to providing the best possible proactive service and producing innovative, cost-effective design solutions... Involved with some of the largest and most significant construction projects in the UK, including large office buildings, major retail developments, industrial parks and multi-storey residential apartment blocks, Bingham Davis’ team now has more than 40 technical staff engaged on Design and Build, Traditional ‘JCT’ and other similar forms of construction contract.”