Fife groundworks and plant hire James Penman collapses
This post was originally published on this site All 35 jobs have been lost at the family run James Penman (Plant Hire) and associated drainage…
Tag: administration
What are the main causes of insolvency in construction?
This post was originally published on this site Shaun Barton, partner at Company Closure, examines the roles cash flow and other factors play in insolvency…
Hiretest Limited to appoint administrators
This post was originally published on this site Hiretest Limited, the groundworks contractor based in Watford and operating across the South East of England, has…
Husband-and-wife-run twin scaffolding businesses file administration notices
This post was originally published on this site BCM and Scaffteq are part of the Safe Rise Scaffolding Group, run by married business partner accountants…
Readie folds
This post was originally published on this siteEssex-based Readie Construction is in administration and has ceased trading. Read Full Article: The Construction Index
Flooring specialist Axiom Group files administration notice
This post was originally published on this site The Bedfordshire-based contract flooring specialist Axiom Group is headed into administration, one day after staff were seen…
12% of UK administrations in 2023 were in construction industry
This post was originally published on this site The construction industry accounted for 12% of administrations in 2023 – the second highest sector in the…
UK construction sector in ‘significant financial distress’ with almost 8,000 firms facing collapse
This post was originally published on this site The latest Begbies Traynor report showed that there were over 83,000 construction firms facing ‘significant financial distress’,…
Midlands contractor in administration
This post was originally published on this siteStafford-based building contractor Enrok Construction has fallen into administration and ceased trading. Read Full Article: The Construction Index
Legal considerations for construction clients amid insolvency spike
This post was originally published on this site Consultant at national law firm Roythornes Solicitors, Derryn Rolfe, explains how construction clients can prepare for all…