Browsing: financial difficulties News
HyperTunnel, a British tech company aiming to innovate tunnelling, has entered administration.The company had developed a unique tunnelling method involving 3D printing and horizontal directional drilling.Despite…
Blenheim House Construction, a longstanding firm in the industry, has applied for administration due to overwhelming financial difficulties.The company, turning over £86.6m with 84 staff, is…
Linkline Transport, a Northamptonshire logistics company, recently announced its intention to appoint administrators, highlighting its ongoing financial difficulties.The company, based in Wellingborough, filed its notice via…
OPX Logistics, a haulage firm based in Swindon, has entered administration, highlighting challenges in the industry.The company was placed under the administration of Leonard Curtis’ Andrew…
The construction industry witnessed a resurgence in company failures last month, reversing a brief decline in insolvencies.Twenty-three construction firms entered administration in May, adding to the…
Place 2 Place Logistics in Staffordshire has moved to appoint an administrator amidst operational challenges.The company, operational since 2013, filed its court application on 7 May…
Recent events reflect growing challenges faced by UK hauliers due to economic pressures.Leicestershire-based CC & RJ Emerson has entered administration, affecting its 50 employees.Leadership changes at…
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