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Failures in 2019

UK construction companies that went bust in 2019

Failures in 2019
15
In 2018
16
Largest
Interserve
Share

15 construction companies in our register failed in 2019, against 16 in 2018. Of these, 13 were administrations, 1 was a creditors' voluntary liquidation and 1 was a company voluntary arrangement.

The largest was Interserve, with turnover of £2.9bn in its last accounts. 9 were main contractors, the most of any type of business. Companies in the same group are counted separately (3 from Pochin and 2 from Simons).

Failures by month

0
Jan
1
Feb
3
Mar
0
Apr
0
May
2
Jun
1
Jul
3
Aug
0
Sep
3
Oct
0
Nov
2
Dec

The most in one month was 3, in March.

The biggest failures of 2019

Ranked by turnover in each company's last accounts before it failed, with the largest company in each group.

#CompanyFailedLast turnoverStaffOwed to creditors
1InterserveMar 2019£2.9bn41,423£815mto lenders
2Clugston ConstructionDec 2019£158m441£71m
3Shaylor GroupJun 2019£142m244£19m
4Dawnus Construction HoldingsMar 2019£118m260£55m
5Simons GroupOct 2019£104m182£16m
6Lakehouse ContractsMar 2019£96m228£10m
7RedcastleJun 2019£73m£15m
8Pochin'sAug 2019£59m117£70m
9Aspin GroupJul 2019£40m218£5m
10PMP ConstructionOct 2019£18m231£2m

Why they failed

The reasons given in the insolvency reports for the companies that failed in 2019.

  • Cash flow82%
  • Losses on contracts64%
  • Clients not paying or failing45%
  • Sale or investment failed45%
  • Market downturn36%
  • Delays27%

Share of the 11 failures (each group counted once) whose insolvency reports explain why the business failed. Most give several reasons, so the shares add up to more than 100%. Each failure's page shows its own reasons and links to the report.

By type of insolvency

  • Administration13
  • Creditors' voluntary liquidation1
  • Company voluntary arrangement1

Every failure in 2019

CompanyDate
Bardsley Construction19 Dec
Clugston Construction6 Dec
Simons GroupPart of Simons29 Oct
Simons ConstructionPart of Simons29 Oct
PMP Construction28 Oct
Pochin'sPart of Pochin5 Aug
Pochin ConstructionPart of Pochin5 Aug
Pochin ResidentialPart of Pochin5 Aug
Aspin Group11 Jul
Shaylor Group17 Jun
Redcastle12 Jun
Dawnus Construction Holdings15 Mar
Interserve15 Mar
Lakehouse Contracts11 Mar
Newman Scott7 Feb

Other years

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Our register covers larger UK construction companies (those filing full, group or medium-sized accounts) plus well-known failures, from Companies House and The Gazette. It doesn't include every insolvency: the Insolvency Service's official statistics count all construction company insolvencies, most of them small firms. Turnover comes from each company's last accounts and what was owed from the administrators' or liquidators' reports.