Credit, Collections & Insolvency News
Latest Insolvency Service data has shown that the construction industry experienced the highest number of insolvencies in the 12 months to August 2025 at 3,934, making up 17% of all industry cases. Kelly Boorman, National Head of Construction at RSM UK, said “The latest insolvency data confirms construction remains the hardest-hit sector, with the highest…
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Latest data from the Insolvency Service has found that the construction industry experienced the highest number of insolvencies in the 12 months to July 2025 at 3,973, making up 17% of all industry cases. Kelly Boorman, National Head of Construction at RSM UK, said “The latest insolvency figures reflect the ongoing economic pressures facing construction businesses,…
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Latest Insolvency Service data in July 2025 has shown that the construction industry experienced the highest number of insolvencies in the 12 months to June 2025 at 3,984, making up 17% of all industry cases. Kelly Boorman, National Head of Construction at RSM UK, said “The latest insolvency figures show that the construction industry continues…
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In April 2025, the number of registered company insolvencies in England and Wales was 2,053, 3% higher than in March 2025 (1,996) but 5% lower than April 2024 (2,163) with the construction industry experiencing the highest number of insolvencies in the 12 months to March 2025 at 4,111, making up 17% of all industry cases. James…
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Latest data from the Insolvency Service has found that the construction industry experienced the highest number of insolvencies in the 12 months to February 2025 at 4,046, making up 17% of all industry cases. Kelly Boorman, National Head of Construction at RSM UK, said: “Rising inflation, tariffs uncertainty and incoming rises to employment costs are…
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Latest data from the Insolvency Service has found that the construction sector experienced the highest number of insolvencies by business sector in the 12 months to November 2024 at 4,102, accounting for 17% of all industry cases. The data showed that Wholesale and retail trade; repair of motor vehicles and motorcycles (3,618, 15% of cases…
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Latest data from the Insolvency Service showed that the construction industry experienced the highest number of insolvencies in the 12 months to September 2024, reaching a total of 4,264. Commenting on the data, Kelly Boorman, National Head of Construction at RSM UK, said “Challenges remain for the construction industry following the collapse of several major firms…
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The construction industry experienced the highest number of insolvencies in the 12 months to August 2024, reaching a total of 4,310 according to latest Insolvency Service data for September 2024. Commenting on the latest construction insolvency statistics Kelly Boorman, National Head of Construction at RSM UK, said “The latest rise in construction insolvencies comes amidst a number…
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Analysis of the latest insolvency statistics by RSM UK has found that the construction industry experienced the highest number of insolvencies in the 12 months to May 2024, reaching a total of 4,287. Overall data for June 2024 showed that the number of registered company insolvencies in England and Wales was 2,361, 16% higher than…
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The construction industry experienced the highest number of insolvencies in the 12 months to April 2024, reaching a total of 4,401 according to analysis of the latest insolvency figures by RSM UK. Kelly Boorman, National Head of Construction at RSM UK, said “Construction insolvencies continued the upward trajectory of previous months, with the industry maintaining…
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Latest analysis of insolvency statistics by the RSM UK has found that the construction industry experienced the highest number of insolvencies in the 12 months to March 2024, reaching a total of 4,273. Kelly Boorman, National Head of Construction at RSM UK, said “As expected, in the 12 months to March 2024, construction continued to…
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Latest analysis by the Insolvency Service found that companies in the construction sector faced the most insolvencies last year. The five industries (in accordance with SIC 2007) that experienced the highest number of insolvencies in 2023 were Construction (4,371, 18% of cases with industry captured). This was followed by Wholesale and retail trade; repair of motor…
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Latest data analysis by Mazars has found that on average a dozen construction firms are going bust every day after 4,370 firms collapsed last year. In the year to the end of November, 4,370 companies went insolvent compared to 4,086 in 2021/22 and 2,481 in 2020/21. This reflected a 7% increase in insolvencies from 2021/22…
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