Based in Crawley, Builders Beams has been supplying steel and reinforcing material to the construction industry since 1992.
Part of the Parker Steel group, it claimed to be the largest structural steel fabricator in the south of England. But it fell into administration last week, 8th August 2019, and the administrators from Grant Thornton immediately sold the business and assets of the company to Builder鈥檚 Beams Services Limited.
Builder鈥檚 Beams Services Limited, the new owner, was incorporated just on 31st July by Michael Krajewski, owner and chief executive of Steelo ().
For Michael Krajewski it is a big bite 鈥� Builder鈥檚 Beams Ltd turned over 拢17m in 2017 and made a pre-tax loss of more than 拢250,000; Steelo turns over less than 拢4m a year.
However, he is ambitious. 鈥淭his is the first step of a greater plan, which is to build a group of companies that will provide an exceptional service in the steel industry,鈥� he said.
He added that, following the acquisition, 鈥渢he focus will be on making Builder鈥檚 Beams great again, preserving the heritage and long-lasting relationships with the client base built over the years鈥�.
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