Monthly administrations | Construction News https://www.constructionnews.co.uk Read UK Construction Industry News, Analysis, Opinion and data Tue, 06 Feb 2024 12:29:41 +0000 en-GB hourly 1 https://wordpress.org/?v=6.0 https://emap-romulus-prod.s3.eu-west-1.amazonaws.com/wp-content/uploads/sites/8/2023/07/favicon-cn192-70x70.png Monthly administrations | Construction News https://www.constructionnews.co.uk 32 32 https://www.constructionnews.co.uk/wp-content/themes/mbm-mops-2017/images/logo.gif Construction News https://www.constructionnews.co.uk 125 75 Read UK Construction Industry News, Analysis, Opinion and data Rising tide of business failures shows no signs of ebbing https://www.constructionnews.co.uk/financial/monthly-construction-administrations/rising-tide-of-business-failures-shows-no-signs-of-ebbing-06-02-2024/ https://www.constructionnews.co.uk/financial/monthly-construction-administrations/rising-tide-of-business-failures-shows-no-signs-of-ebbing-06-02-2024/#respond Tue, 06 Feb 2024 12:28:51 +0000 https://www.constructionnews.co.uk/?p=493705 Administrations continue to rise as insolvencies soar and more construction firms teeter on the brink The construction sector started 2024 with yet another year-on-year increase in business administrations. Data from Creditsafe showed that 26 firms collapsed in January compared with 15 in the first month…

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]]> https://www.constructionnews.co.uk/financial/monthly-construction-administrations/rising-tide-of-business-failures-shows-no-signs-of-ebbing-06-02-2024/feed/ 0 December failure figures belie a troubled 2023 https://www.constructionnews.co.uk/financial/administrations/december-failure-figures-belie-a-troubled-2023-04-01-2024/ Thu, 04 Jan 2024 07:00:13 +0000 https://www.constructionnews.co.uk/?p=491989 Construction administrations rose by 42 per cent last year despite a quiet December A grim year for construction business failures ended on a relatively serene note after Creditsafe data showed that 18 firms entered administration in December 2023 – five fewer than in December 2022.…

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]]> Small operators dominate November’s casualty list https://www.constructionnews.co.uk/financial/administrations/small-operators-dominate-novembers-casualty-list-05-12-2023/ Tue, 05 Dec 2023 10:31:09 +0000 https://www.constructionnews.co.uk/?p=490868 More than one-third of the firms that went into administration in November employed two or fewer staff November saw a monthly total of 33 business failures – one fewer than November 2022. Despite this relative stability, however, the year-to-date total of 345 administrations marks a…

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]]> Quarterly administrations break the 100 barrier in September https://www.constructionnews.co.uk/financial/administrations/quarterly-administrations-break-the-100-barrier-05-10-2023/ Thu, 05 Oct 2023 09:33:58 +0000 https://www.constructionnews.co.uk/?p=487292 Buckingham Group was the highest-profile casualty in September as business failures increased by 40 per cent year-on-year The three months from July to September saw 101 construction-company administrations – a record quarterly total since Construction News began publishing monthly data from Creditsafe in January 2020.…

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