Construction has led national insolvency numbers for several quarters, with fixed-price contracts and rising material costs squeezing margins across the industry.
What the numbers show
Administrations and liquidations in construction continue to outpace every other sector, concentrated in residential building and subcontracting businesses.
Protecting your business
Monitor the companies you trade with, watch for court actions and appointments, and set alert thresholds so you hear about trouble before renewal time. Test