Wembley Brook now running freely after remedial works on the Argenta House flood site

Trench works at Argenta House

Asked for an update on works at the Argenta House site, opposite Wembley Park Station, following the floods a spokesperson for the Londonewcastle Latimer joint venture, told Wembley Matters:

Henry Construction – who are no longer on the project – carried out work at our Argenta House site. The local area is an area with known and longstanding issues with flooding. 

 

We are aware of the view that Henry’s temporary works to the nearby brook may have been a contributing factor, alongside exceptionally adverse weather, to the recent floods. After taking back control of the site following Henry’s administration and having received notification from the Environment Agency that remedial works were needed, we removed the temporary work as a precautionary step. We can see the brook is now running freely and we continue to monitor the site.

We remain in regular contact with key stakeholders including the council and the Environment Agency to support ongoing investigations in the wider area following the flooding.

 

 

Henry Construction (builders of the Wembley Link) no longer trading - 40 staff made redundant. Status of Wembley Link site being investigated.

The two Wembley Link towers behind the High Road at an earlier stage

 Update from the Construction Index (LINK)

As previously reported, Geoff Rowley and David Hudson of specialist business advisory firm FRP were appointed as joint administrators to Henry Construction Projects Limited on Thursday 8th June 2023.

Since the appointment, the administrators have been assessing the position of the business with support from sector professional advisors.

The business is no longer trading and most of its 40 staff have been made redundant. A small number has been retained to assist the administrators in their duties.

Gateley Vinden, the property and construction consultancy, is supporting the administrators as they contact developers across sites in progress along with Hilco Valuation Services, the asset valuation, advisory and sales practice of Hilco Global, which is assisting with the asset recovery and disposal strategy.

Mark Henry’s own personal property portfolio is understood to be unaffected by the collapse.

David Hudson, partner at FRP and joint administrator of Henry Construction Projects Limited, said: 

Henry Construction was a significant player of scale in the UK market. Unfortunately, given its financial position, it was not able to continue trading and so all operations have ceased. Regrettably, the majority of staff have been made redundant and we are supporting them in making the appropriate claims to the Redundancy Payments Office.

We continue our work to gather information about the assets and liabilities of the business and understand the events leading up to the insolvency. As part of that process, we are engaging with developers regarding the status of each site.