Site death led to insolvency, say Ikon directors

By Will Ing2018-08-14T06:00:00

Criminal investigation into Bristol-based contractor undermined performance bond applications

Negative publicity following the on-site death of a labourer was a primary factor for the bankruptcy of medium-size contractor Ikon according to the directors’ statement to administrators.

Luke Allen, 22, was working for a subcontractor when he died in March this year after falling through a roof at an Ikon site in Bristol. Ikon collapsed in May after making a £1.5m net loss from a £46m turnover in the year to 31 March 2018, leaving FRP Advisory to handle the administration.

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