Carillion sells contracts.

[the boot]

Likely losing money on them. Facilities contracts are very competitive with the likelihood too much has been taken out the contract bid price. If a contract is loss making then it is quite possible the loss on the whole contract life has to be provided for in the next financial year end, i.e. Account for future losses of x number of years left on the contract
Quite a few facilities companies are having these type of issues

Nice one. Just couldn't understand why a competitor would buy it. It overall they make money. Got it.

Rumour also has it that the construction arm is currently in receivership with an announcement due in January

I heard this but @Boris Bear said I was lying.

 

[Boris Bear]

Nice one. Just couldn't understand why a competitor would buy it. It overall they make money. Got it.


I heard this but @Boris Bear said I was lying.

You said that they'd ran out of money on the Vaux site and had stopped work iirc

 

[the boot]

You said that they'd ran out of money on the Vaux site and had stopped work iirc

Wow boris. Really? Away now splitting of the owld hairs there. Ok have it your way mate it's sound.

 

[Boris Bear]

Wow boris. Really? Away now splitting of the owld hairs there. Ok have it your way mate it's sound.

Not splitting hairs...a different company in financial difficulty is nowt to do with what you said

 

[the boot]

Not splitting hairs...a different company in financial difficulty is nowt to do with what you said

Like I said no worries

 

[The Exile]

I wish they'd sell on the military facilities management arm too.
We'd possibly be able to get a leaking toilet fixed in less than a month.

Shambles isn't it. They seem to think they can solve our airfield lighting problem by making it such a rigmarole to report we give up.

About time we took all this stuff back in house, if that's even possible these days.

 

[Tommasi]

Were managed by Serco. They are f***ing terrible.

 

[hypersonic]

Shambles isn't it. They seem to think they can solve our airfield lighting problem by making it such a rigmarole to report we give up.

About time we took all this stuff back in house, if that's even possible these days.

They are shite mind.

They're solution to most problems seems to be to cover everything with big PVC sheets and silicone. Mould? Stick a sheet over it. Tiles coming off? Stick a sheet over it. Leak? Whack a load of silicone onto it. Big PVC sheet peeling off? Stick a PVC sheet over it.

 

[Wilfy]

Were managed by Serco. They are f***ing terrible.

Serco manage HMP Northumberland anarl. One of the biggest drug problems going in there.

 

[Tommasi]

Serco manage HMP Northumberland anarl. One of the biggest drug problems going in there.

They are very good at winning contracts and very little else.

 

[the boot]

They are very good at winning contracts and very little else.

Be our luck that carrillion go tits and we get serco to finish the offices at keel. Hope not like. Contrary to what people think of me I'd like to see the building done and dusted and full.

 

[EDGE]

They are very good at winning contracts and very little else.

Pitching sales price too low.

 

[Tommasi]

Pitching sales price too low.

We are managed by them, but aren't employed by them. They pay their office staff who covers HR etc seemingly a good 30% lower than industry average. You pay peanuts you get monkeys.

 

[spitfire]

Carillion and other multi faceted facilities providers are what's wrong with the f***ing industry. Jacks of all trades but masters of none, and often fuck over many good providers in the process. At the end of the day the staff suffer

 

[DaveI]

I wish they'd sell on the military facilities management arm too.
We'd possibly be able to get a leaking toilet fixed in less than a month.

That’s a JV with Amey isn’t it?

 

[daveydavey]

Carillion have always been a nightmare to work with, a slow red tape ridden machine. HS2 is a civils job until past 2020 , highways if anything more than rail.

 

[JC91]

I know my company stores a few boxes of documents for Carillion.

 

[Deleted User 11453]

The prison where I’m at is ran by Group 4. I could escape whenever I wanted to.

 

[Wilfy]

The prison where I’m at is ran by Group 4. I could escape whenever I wanted to.

Birmingham I take it then?

Carillion have always been a nightmare to work with, a slow red tape ridden machine. HS2 is a civils job until past 2020 , highways if anything more than rail.

Carillion are a great bunch of lads compared to Kier.

 

[raindog]

SELL SELL SELL