Rok specialises in maintenance and employs more than 2,000 people across the country Rok, the Exeter-based building services company, has said it is to place itself into administration.
In August, the company – which employs more than 2,000 trades people – reported a £3.8m loss for the first half of the year.
Just one week before the results, the group said it had uncovered “serious failings” in financial and operational controls.
Rok works for councils, schools, housing associations and businesses.
It is among the leading providers of building services to affordable housing and insurance customers.
In a statement, the company said: “The board of Rok plc announces that it has resolved to put the company into administration and to make an application to the Financial Services Authority to suspend the listing and trading of the company’s ordinary shares.”
The announcement comes just 10 weeks after social housing firm Connaught entered administration – leading to some 1,400 redundancies.
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