← Failures register

Failures in 2023

UK construction companies that went bust in 2023

Failures in 2023
50
In 2022
23
Largest
Buckingham Group Contracting
Share

50 construction companies in our register failed in 2023, against 23 in 2022. Of these, 31 were administrations, 10 were creditors' voluntary liquidations, 6 were compulsory liquidations and 3 were company voluntary arrangements.

The largest was Buckingham Group Contracting, with turnover of £665m in its last accounts. 24 were main contractors, the most of any type of business. Companies in the same group are counted separately (4 from Inland, 3 from Real and 2 from Tolent).

Failures by month

2
Jan
7
Feb
2
Mar
3
Apr
6
May
4
Jun
3
Jul
3
Aug
3
Sep
9
Oct
5
Nov
3
Dec

The most in one month was 9, in October.

The biggest failures of 2023

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

#CompanyFailedLast turnoverStaffOwed to creditors
1Buckingham Group ContractingSept 2023£665m658£198m
2Henry Construction ProjectsJun 2023£402m49£43m
3Tolent ConstructionFeb 2023£198m365£45m
4Michael J. LonsdaleOct 2023£191m237£118m
5Inland HomesOct 2023£182m138
6J. TomlinsonJul 2023£106m460£17m
7Lane END Developments ConstructionApr 2023£81m106£12m
8Metnor ConstructionFeb 2023£63m65£10m
9Mac-ExteriorsJun 2023£58m54£1m
10Real PlacesNov 2023£57m89

Why they failed

The reasons given in the insolvency reports for the companies that failed in 2023.

  • Cash flow87%
  • Losses on contracts77%
  • Cost inflation63%
  • Delays50%
  • Covid-1950%
  • Funding withdrawn37%

Share of the 30 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

  • Administration31
  • Creditors' voluntary liquidation10
  • Compulsory liquidation6
  • Company voluntary arrangement3

Every failure in 2023

CompanyDate
Alvstap20 Dec
Brymor Group Southern18 Dec
Brenig Construction11 Dec
Real SWPart of Real13 Nov
Real PlacesPart of Real9 Nov
H. B. Projects9 Nov
Wellington Construction9 Nov
Real LSEPart of Real7 Nov
M Igoe27 Oct
James Killelea & Company18 Oct
Appletree Farm Cressing5 Oct
InlandPart of Inland5 Oct
Squibb Group5 Oct
Inland (STB)Part of Inland5 Oct
Inland PartnershipsPart of Inland5 Oct
Inland HomesPart of Inland4 Oct
Michael J. Lonsdale2 Oct
Martin Dawn (Cheltenham)18 Sept
Westridge Construction15 Sept
Buckingham Group Contracting4 Sept
A C18 Aug
AC Data18 Aug
Henley Homes9 Aug
R&W Civil Engineering24 Jul
J. Tomlinson10 Jul
Crownfold5 Jul
Ilke Homes30 Jun
Mac-Exteriors26 Jun
Claritas Group20 Jun
Henry Construction Projects8 Jun
Prime Care Solutions (Kingston)24 May
Shepherd Construction19 May
Cosmur Construction (London)11 May
E.H. Allingham (Construction)3 May
MEC Design And Build3 May
Howard Russell Construction2 May
Henley Construct14 Apr
Lane END Developments Construction4 Apr
Synergy Property Design Consultants4 Apr
Torpoint23 Mar
ME Construction23 Mar
Norstead28 Feb
Jarvis Contracting28 Feb
Jessella27 Feb
Metnor Construction21 Feb
Tolent ConstructionPart of Tolent13 Feb
Tolent SolutionsPart of Tolent13 Feb
Shapoorji Pallonji UK1 Feb
Outco Surfacing30 Jan
Martin Dawn (Leckhampton)17 Jan

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.