Newest information from the Insolvency Service exhibits that there have been 324 building insolvencies in April 2025.
This can be a 13.8% lower from the earlier month – there have been 376 building insolvencies in March 2025 – and a 19.8% lower from a yr earlier than. There have been 404 building insolvencies in April 2024.
Mark Supperstone, accomplice at accountancy agency S&W, stated: “The development sector noticed a small respite in April with month-to-month insolvencies down by virtually 14% from the earlier month. Whereas that is welcome information, the sector stays underneath appreciable pressure, and the latest information paints an image of cautious resilience amid ongoing structural challenges.”
He added: “The following quarter might be important in figuring out whether or not the sector can regular itself – or slide additional.”
Obtained a narrative? E mail information@theconstructionindex.co.uk
