T
topkit
Well-known member
Mr Druid i think I would re write what you had put instead of biting the dust, I would say that the modular firm just folded 
V8Druid
do it as well as you can,but learn to do it better
collapsed in a heap type thingMr Druid i think I would re write what you had put instead of biting the dust, I would say that the modular firm just folded
Mogman
What man as done, man can do, what never has,maybe
Yea I worked in an origami factory for a bit, til it foldedMr Druid i think I would re write what you had put instead of biting the dust, I would say that the modular firm just folded
B
Brendan
Well-known member
Can't see how they managed to go tits up, recaro have had a stamp on oe performance seats for decades, their child seats have always been rated good as well ( we had 3 of them and still use 2) unless they have been squeezed too much by manufacturers and their costs have risen it must be bad management. Considering a stolen pair of seats for pretty much any rs model Audi will write the car off.
BBS is another who supply a lot although many people opt to go for copy wheels than genuine in the aftermarket.
I'm other news a very well paying company seems to have had a tough year, pass quite a few of their vans every day
Groundworks specialist M&J Evans suffers £21m loss
Midlands groundwork specialist hit by slowdown in housing
www.constructionenquirer.com
6
6feetdown
Well-known member
I heard you made A4 tuneYea I worked in an origami factory for a bit, til it folded
Mogman
What man as done, man can do, what never has,maybe
Then I got a job in a chess factory was on nights for a bit and I enjoyed that, but they then put me on pawnsYea I worked in an origami factory for a bit, til it folded
not for me I’m afraid I’m out of here
6
6feetdown
Well-known member
Bet you thought you were King of the Castle as a rookieThen I got a job in a chess factory was on nights for a bit and I enjoyed that, but they then put me on pawns
Lancs Lad
Well-known member
If you suck at playing the trumpet that's probably why.
V8Druid
do it as well as you can,but learn to do it better
and yet like so many others in the tish -- they continue to trade - propped up by financial institutions too frightened to pull the plug
www.building.co.uk
the too big to fail/kill off syndrome keeps them there .. you or I losing a proportional amount in a years trading would be wound up without a second thought
and another
www.theconstructionindex.co.uk
Sisk sinks further into red on back of remediation costs
But turnover up at contractor
www.building.co.uk
and another
Bam Construction posts £31m loss
Accounts filed by Bam Construction Limited show a pre-tax loss of £31.4m for the year to 31st December 2023.
www.theconstructionindex.co.uk
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M
Monkeybusiness
Well-known member
Have had a builder (Oakwoods Construction Group Ltd) go bust on me this week, I’m £4k out of pocket but the ground workers are owed £250k across a few sites apparently!
V8Druid
do it as well as you can,but learn to do it better
make sure you bang in your claim with the receivers for what you are owed Dan ... debts like that are tax deductible ... and you might get a few coppers in the pound
- but unlikely
V8Druid
do it as well as you can,but learn to do it better
this makes some very interesting reading ....... lot of it but worth ploughing through
www.theconstructionindex.co.uk
" Big specialists such as Michael Lonsdale – placed 87th in last year’s TCI Top 100 – were among the 2,500 subcontractors to go under in the 12 months to May 2024 according to data from the Insolvency Service. "
www.theconstructionindex.co.uk
" In this year’s Top 100, 33 companies had an operating margin of 1.0% or less. Last year, 27 of the same 100 companies were working to a margin of 1.0% or below. ....... "
" Company Watch uses published financial results to analyse a company’s financial position from a number of angles including profit management, working capital management, liquidity and how assets are funded.
Each company is given a rating – the H-Score – based on how closely its accounts resemble those of companies that subsequently failed. The H-Score is displayed graphically over five years on a scale of 0 (weakest) to 100 (strongest).
Any company with a score of 25 or less is placed in what Company Watch calls the ‘warning area’.
Just 13 companies in the latest TCI Top 100 are in the Company Watch warning area with Laing O’Rourke, which posted a pre-tax loss of £188.3m, rated the lowest. "
" Wholesale reform of payment terms is needed to lift the construction industry out of its perennial position as the sector of the economy worst hit by insolvencies.
In the 12 months to May 2024, the Insolvency Service recorded 4,287 insolvencies in the construction sector. The next worst sector was retail with 3,811 cases of insolvency. ........... There has been a 5% rise in insolvencies among construction companies with 1,600 going under. "
Top 100 Construction Companies 2024
After a difficult period that saw trading dogged by surging inflation and delayed projects, the construction industry’s top firms appear to be recovering. But inequalities are growing, writes Steve Menary.
www.theconstructionindex.co.uk
" Big specialists such as Michael Lonsdale – placed 87th in last year’s TCI Top 100 – were among the 2,500 subcontractors to go under in the 12 months to May 2024 according to data from the Insolvency Service. "
Top 100 Construction Companies in the UK 2024
Construction Companies, News, Jobs - The Construction Index is a building industry news and construction company directory
www.theconstructionindex.co.uk
" Company Watch uses published financial results to analyse a company’s financial position from a number of angles including profit management, working capital management, liquidity and how assets are funded.
Each company is given a rating – the H-Score – based on how closely its accounts resemble those of companies that subsequently failed. The H-Score is displayed graphically over five years on a scale of 0 (weakest) to 100 (strongest).
Any company with a score of 25 or less is placed in what Company Watch calls the ‘warning area’.
Just 13 companies in the latest TCI Top 100 are in the Company Watch warning area with Laing O’Rourke, which posted a pre-tax loss of £188.3m, rated the lowest. "
" Wholesale reform of payment terms is needed to lift the construction industry out of its perennial position as the sector of the economy worst hit by insolvencies.
In the 12 months to May 2024, the Insolvency Service recorded 4,287 insolvencies in the construction sector. The next worst sector was retail with 3,811 cases of insolvency. ........... There has been a 5% rise in insolvencies among construction companies with 1,600 going under. "
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Gunners
Well-known member
I have no idea how they operate with a 1% margin. Nobody's getting any value out of that. I wonder that figure they start out trying to achieve? And assume the 1% is a net figure before tax?
Lancs Lad
Well-known member
It states operating margin so that's pre tax and interest
Lancs Lad
Well-known member
Anyone interested to see how Government gets on without using kingspan or celotex on its projects 
S
Smiffy
Well-known member
Anyone interested to see how Government gets on without using kingspan or celotex on its projects
Be green. Use sheep's wool.
V8Druid
do it as well as you can,but learn to do it better
asked the same Q in the build build build threadAnyone interested to see how Government gets on without using kingspan or celotex on its projects
so what are they going to use to insulate all their new eco-homes??
Celotex, Kingspan ??
to name just a few things!!
Government promises to bar Grenfell firms from future public sector work
Prime minister to write to companies named and shamed and put them on notice they will be barred from taxpayer-funded contracts
Manufacturers knowingly misled the market over combustible construction materials, Grenfell Inquiry concludes
Arconic, Celotex and Kingspan slammed for 'systematic dishonesty' by inquiry report
V8Druid
do it as well as you can,but learn to do it better
gonna need sheep farmers for that and they're doing their best to eradicate 'em off the planet round here
6
6feetdown
Well-known member
It's OK global warming will keep us warmgonna need sheep farmers for that and they're doing their best to eradicate 'em off the planet round here
V8Druid
do it as well as you can,but learn to do it better
not round here it won't
... boiler's come on a couple of evenings and mornings this week - set at 14C did you get the monsoon yesterday evening?
you'd think it'd never rained before !!!!!!
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