Lisburn construction company enters administration

Lisburn-based construction firm Tal Limited has entered administration.

It’s understood that around 50 people are directly employed by the organisation in addition to a number of sub-contractors.

Administrator James Kennedy says negotiations are underway into the future of the business.

However, work on a number of active projects has been suspended while talks are held, including construction on a new Macmillan Health and Well-Being Centre at Altnagelvin Hospital.

Construction Employers Federation Managing Director John Armstrong said:

“This devastating news is a reminder, if one was needed, of the incredibly difficult circumstances that continue to face many firms within the local construction industry. Workloads are short, margins are tight and industry confidence remains incredibly low.

“Indeed, in light of the ongoing political challenges at Stormont, this news reinforces the need for the Northern Ireland Executive to pro-actively address the challenges that our industry faces.

“We hope that a positive resolution to TAL Limited's current administration can be found so that jobs can be saved as well as maintaining existing workloads for subcontractors and suppliers.”