Property and construction firms among most at risk of insolvency

By David Parsley2021-10-29T08:15:00

Real estate and construction firms are among the most at risk of insolvency according to the latest figures from the Red Flag Alert from Begbies Traynor.

The latest red flag research for the third quarter of 2020, which monitors the financial health of UK businesses, has recorded 562,550 businesses in ‘significant financial distress’, with a 139% uplift in County Court Judgements (CCJs) over the past year.

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