31 redundancies in Leeds and Manchester
Careyojnes Chapmantolcher’s two northern offices have gone into administration, resulting in 31 redundancies.
The London-based practice’s offices in Leeds and Manchester – collectively known as Studio North – will close as a result of a “greatly reduced workload”.
Joint administrator Mike Kienlen of Armstrong Watson said: “Careyjones Chapmantolcher is one of the best known architectural practices in the UK and has a national reputation for high-quality award-winning schemes.
“Eighteen months ago, the business adopted a new structure, dividing its operations into north and south. Unfortunately, the northern company has suffered particularly badly from the poor financial conditions in the property market which have delayed the start of many of its projects.
“Rather than waiting for cash-flow problems to escalate, the management has taken decisive action in order to protect as many of its creditors as possible.”
Tim Tolcher of Careyjones Chapmantolcher added: “The London-based group company will be maintaining and developing its national presence and continuing to provide a high level of service to all of our clients.”
Last April the practice submitted plans for student housing in Salford.