Sister scaffold firms file administration notices

Two scaffolding specialists owned by the same firm have filed notices of intention to appoint an administrator.
South London based BCM Scaffolding Services and Bristol based Scaffteq West lodged the court notices last week.
Both firms are part of the Safe Rise Scaffolding group which was set-up in 2018 as an umbrella brand to “acquire high performing scaffolding companies across the UK.”BCM and Scaffteq were aquired by Safe Rise in 2019 and are the only deals to date by the business