Story perspectives
Elements Europe Enters Administration, 141 Jobs Lost
6/5/2025
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Story summary
- Elements Europe, a modular construction firm in Telford, UK, has entered administration, leading to 141 job losses.
- Founded in 2005, the company transitioned to main contracting in 2021 but suffered major financial losses on two projects.
- Interpath has been appointed as joint administrators, halting ongoing contracts while searching for asset buyers.
- Despite a turnover of £42 million, the firm reported a pre-tax loss of £29 million in its latest financial results.
