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Interserve was a British construction and support services business based in Reading, Berkshire, which went into administration in 2019 and was formally wound up in 2022.In 2019 the group generated revenue of £2.2 billion and had a workforce of 34,721 people.
The board later announced the group had been sold to a new company, Interserve Group Ltd, controlled by Interserve's existing lenders. [64] The administration and pre-pack process meant banks wrote off up to £800m in loans, while shareholders lost their investments.
The International Service Fellowship, more commonly known as Interserve, is an interdenominational Protestant Christian charity which was founded in London in 1852. For many years it was known as the Zenana Bible and Medical Missionary Society and it was run entirely by women.
Interserve Rail (formerly Clough Smith) [1] is a British engineering and facilities management company. Founded in 1910, it is a subsidiary of Interserve . History
In August 2019, Interserve appointed Ken Hanna as a non executive director of its board, and chairman of RMD Kwikform. RMD Kwikform had been the strongest performer in the group, but results in 2018 showed a 27% drop in operating profits to £39.6m, as turnover fell to £195.5m from £229m. [12]
Chairman, Interserve plc, a global support services group [4] since 1 January 2006, [5] having initially joined the board in September 2005. [2] After nine years as Interserve chairman, Lord Blackwell stepped down in early 2016 and was replaced by Glyn Barker .
Debra Jayne White (born May 1962) is a British accountant and businesswoman. She was the chief executive (CEO) of Interserve from September 2017 until the end of 2019. In March 2020, the UK Government asked White to advise it on the establishment of a UK-wide network of testing centres in response to the COVID-19 pandemic.
In July 2019, Lovell was appointed chairman of the financially troubled Interserve group. [9] [10] Lovell has been chairman of Safestyle UK and of the Association of Lloyd's Members. [4] He is a non-executive director and senior independent director of SIG plc. [11] In 2022, he became chairman of the Environment Agency. [12]