Failures in 2019
UK construction companies that went bust in 2019
- Failures in 2019
- 15
- In 2018
- 16
- Largest
- Interserve
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
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.
| # | Company | Failed | Last turnover | Staff | Owed to creditors |
|---|---|---|---|---|---|
| 1 | Interserve | Mar 2019 | £2.9bn | 41,423 | £815mto lenders |
| 2 | Clugston Construction | Dec 2019 | £158m | 441 | £71m |
| 3 | Shaylor Group | Jun 2019 | £142m | 244 | £19m |
| 4 | Dawnus Construction Holdings | Mar 2019 | £118m | 260 | £55m |
| 5 | Simons Group | Oct 2019 | £104m | 182 | £16m |
| 6 | Lakehouse Contracts | Mar 2019 | £96m | 228 | £10m |
| 7 | Redcastle | Jun 2019 | £73m | £15m | |
| 8 | Pochin's | Aug 2019 | £59m | 117 | £70m |
| 9 | Aspin Group | Jul 2019 | £40m | 218 | £5m |
| 10 | PMP Construction | Oct 2019 | £18m | 231 | £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
By region
- North West England4
- East Midlands2
- Greater London2
- East Anglia2
- Yorkshire and the Humber1
- West Midlands1
- South Wales1
- South East England1
- North East England1
Where the company was based before it failed.
Every failure in 2019
| Company | Date |
|---|---|
| Bardsley Construction | 19 Dec |
| Clugston Construction | 6 Dec |
| Simons GroupPart of Simons | 29 Oct |
| Simons ConstructionPart of Simons | 29 Oct |
| PMP Construction | 28 Oct |
| Pochin'sPart of Pochin | 5 Aug |
| Pochin ConstructionPart of Pochin | 5 Aug |
| Pochin ResidentialPart of Pochin | 5 Aug |
| Aspin Group | 11 Jul |
| Shaylor Group | 17 Jun |
| Redcastle | 12 Jun |
| Dawnus Construction Holdings | 15 Mar |
| Interserve | 15 Mar |
| Lakehouse Contracts | 11 Mar |
| Newman Scott | 7 Feb |
Other years
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.