HE Simm braces for administration
The Liverpool-based M&E engineering firm has filed a notice of intention to appoint administrators.
Founded in 1948, HE Simm is a family-run firm with offices in Liverpool, London, and Manchester.
After 77 years of trading, a notice of intention to appoint administrators – often the precursor to administration proper – has been filed in court.
Hill Dickinson is representing HE Simm.
The company was contacted for comment.
Gareth Simm, grandson of founder Ernie Simm, is the company’s chief executive. His brother Greg is managing director. Martyn Simm and Vicky Simm are also directors.
The last available financial results for HE Simm show a significant year-on-year revenue increase from £54m in 2022 to £118m in 2023. However, the firm made a n £8.9m pre-tax loss in 2023 up from a £715,000 profit the year before.
At the time, the company blamed the loss on inflation and some problem projects in London.
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