Construction company with Hemel Hempstead base enters administration
A construction company with an office in Hemel Hempstead has entered administration.
Helix Construct filed a notice of intention to appoint administrators at a High Court hearing last week.
It is believed that the home-building firm employs around 40 people. Construction News reported that the company made a pre-tax loss of just over £180,000 in its most recently published accounts for the 18 months to June 30, 2025.
According to reports from the High Court the business owed £7.6m to creditors. The company has previously completed housing developments in London and the Berkshire area, it formed in 2017.
Further reporting from the Construction Enquirer claims that directors blamed the company’s financial struggles on project start delays caused by various factors.
Helix Construct describes its services as delivering intelligent building based on three essential building blocks. These key blocks are: our clients, communities, and supply chains matter. Previously, the business has completed developments in both the public and private sector.
Beyond its Hemel Hempstead base a majority of its operations are based in Newbury, Berkshire. Helix was the company hired by Dacorum Borough Council to create the 46-home affordable project in Hemel Hempstead.
Ahead of construction the developer was praised by the borough council for its intention to deliver “energy-efficient, sustainable family homes”.
At the time of writing the administrators that will be assessing the business’s operation have not been confirmed. Helix describes itself as a small and medium-sized enterprise. Further analysis has shown that the number of employees within the company has also grown in recent years.