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Administration · 15 January 2026

Caldwell Construction

Main contractor · Stoke-on-Trent · West Midlands

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What happened

CALDWELL CONSTRUCTION LIMITED (company number 06330663), incorporated in 2007, entered administration on 15 January 2026. Its status at Companies House is now: administration.

Why it failed

Accounts were restated to a loss after £5m of exceptional costs surfaced, some customers paid late, and in January 2026 the primary funder withdrew its facility, halting trading.

  • Main reason: Funding withdrawn
  • Cash flow
  • Clients not paying or failing
  • Accounting irregularities

Our summary of the reasons given in the administrators' proposals. These record the administrators' and directors' account of what happened.

An administrator, a licensed insolvency practitioner, takes control of the company to try to rescue it, sell the business or get a better result for creditors than a liquidation.

Timeline

The last accounts and payment report before the failure, then what happened, with the time between each.

  1. 31 March 2025

    Last accounts filed were made up to this date

    10 months later

  2. 15 January 2026

    Administration started

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Mar 2025
£58.4m
Accounts at Companies House
Profit before tax, year to Mar 2025
£131k
Accounts at Companies House
Net assets, year to Mar 2025
£14.8m
Accounts at Companies House
Owed to unsecured creditors (estimated), as at 15 January 2026
£12.3m
HMRC owed £272k. a further £7.8m owed to its lenders. Expected return to unsecured creditors: none expected
Administrators' proposals

The last accounts filed were full accounts made up to 31 March 2025, 10 months before it went into administration.

The full filing history, including any late filings, charges and director changes, is on Companies House.

Lessons learned report

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In the news

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