Masonry company seeks help on bail out
In August 2016, the Stone Specialist reported that the conservation contractor William Anelay, which recently featured on the BBC2 Hairy Builders programme, had announced it was having cash-flow problems in its masonry company and was asking creditors to help bail it out by accepting just a proportion of their debts under a company voluntary arrangement.
William Anelay, headed by an eighth generation member of the Anelay family (Charles), has always laid claim to being the oldest, continuously trading stonemasonry business in the country, with a provenance dating back to 1747.
But its masonry company is now a separate legal entity from William Anelay, having become a limited liability partnership involving Jonathan Hunter of Traditional Masonry in Yorkshire and moved away from William Anelay's York premises. It is now at a one-acre site in Crigglestone, West Yorkshire, where it trades as Anelay Traditional Masonry.
Charles Anelay says: ‘While only a few projects outside our usual sphere have been involved, the values were significant and this has harmed our business performance and cash flow. They are now finished, save one, where completion is imminent, and another, which has been brought under control. But unfortunately we are now unable to pay suppliers.’
‘We have a fresh approach, have returned to our core operations and have a strong order book for the next 12 months and beyond.’
‘We appreciate that the need for a CVA will be a great disappointment to sub contractors and suppliers who have supported us for many years but this is the best way to make a maximum and prompt return to creditors and we are totally committed to making it a success. Of course, it can work only if our customers are prepared to support the proposal as well.’
 Find out more
 Related articles on Designing Buildings Wiki
- Limited liability partnership.
- Sub contractors.
- IHBC articles.
- Institute of Historic Building Conservation.
 External references
Expert retail industry panel, the Town Centres Expert Panel, calla for a community-focused approach to tackling the challenges facing high streets and town centres.
Business, Energy & Industrial Strategy Committee inquiry into Government’s approach to delivering energy efficiency improvements to buildings – submissions deadline 17/1.
Following consultation, updated policy directions have been issued to the Heritage Lottery Fund (HLF) in its role as a distributing body of National Lottery funds.
European Standards Organizations have approved a plan to secure BSI’s membership post-Brexit.
The Chartered Institute of Building’s parliamentary reception on 12 Dec launched its report ‘Improving Quality in the Built Environment’.
RIBA, Chartered Institute of Housing (CIH), Local Government Association (LGA) and RTPI’s ‘Future Place’ will recognise, reward and encourage high quality placemaking.
3 young architecture graduates have won the SPAB’s, Philip Webb Award, for schemes proving that with imagination and sensitivity you don’t need to demolish historic buildings.
Civic Voice has highlighted how ‘hundreds of conservation areas mark their 50th anniversary’ in 2019, as it continues its Big Conservation Conversation.
A new strategic framework for heritage science in the UK has been launched.
The 2019 Planning Awards have been launched, with categories including an award for ‘best use of heritage in placemaking’ among 25 linked categories.