A major development sees six subsidiaries of ISG, one of the UK’s leading contractors, applying for administration.This move follows intense online speculation regarding the financial stability…
Harland & Wolff, the renowned Belfast shipyard famed for constructing the Titanic, is on the verge of administration. This jeopardises a £1.6 billion contract to build…
Harland & Wolff, the iconic shipyard in Belfast known for constructing the Titanic, is on the verge of entering administration. This crisis threatens a significant £1.6…
Perthshire’s largest contractor succumbs to inflation challenges, marking a significant shift in local construction dynamics. The collapse of Hadden Construction, based in Aberuthven, has prompted widespread…
A Hampshire-based IT relocation firm has been saved from closure, preserving 59 jobs through a pre-pack deal.The company, Sunspeed Transport Services, faced financial challenges despite expansion…
In August 2024, the UK saw a significant decrease in the number of businesses entering administration compared to the previous year, sparking optimism within the construction…
Skonto Plan UK, a facade specialist, has gone into administration, appointing administrators from Evelyn Partners on 14 August 2024.The company, operating in the UK since 2009,…
Homes England successfully reclaimed over £9m from the insolvent Stewart Milne Group after initially funding £1.6m to facilitate the administration process.The recovery was enabled through the…
A significant real estate transaction has been completed for a KNP Logistics warehouse near Kettering.The property, located in Islip close to the A14, consists of extensive…
An established steelwork contractor has entered administration, leaving significant financial obligations in its wake.Norfolk-based Fourbay Structures owed over £3.8 million to creditors, which has led to…
