The London and Dwelling Counties specialist is now within the fingers of ReSolve companions Cameron Gunn and Chris Farrington who’ve been appointed as joint directors.
Kenham had been buying and selling for 25 years. It started life as a small constructing firm for its owner-developer, earlier than increasing to tackle third-party constructing work for personal purchasers and different builders earlier than migrating to bigger tasks.
However the agency not too long ago encountered important technical groundworks points on a big residential refurbishment undertaking which led to monetary losses and money move issues inflicting strain on its provide chain.
Chris Farrington, Companion at ReSolve, stated: “It’s unlucky to see a enterprise with a robust buying and selling historical past, and a portfolio of very good development tasks accomplished over the course of a few years, encounter the difficulties skilled by Kenham Constructing.
“It is usually notably regretable that workers weren’t capable of be retained by means of this course of, a mirrored image of the extraordinarily difficult circumstances being skilled not solely by Kenham however the wider development and homebuilding sector.”