Ardmore collapse pushes June failures to year high
Summary
June saw a sharp rise in construction insolvencies, with 36 administrations recorded, matching the year’s highest monthly total and exceeding the same month last year. The collapse of Ardmore Construction Group and several related subsidiaries was a major contributor, alongside failures at Devonshire Homes and Mackoy Groundworks & Civil Engineering.
Why it matters
Construction contractor failures can disrupt live projects, delay handovers and increase the risk of unpaid subcontractors, which may affect site progress and defect resolution on residential schemes. Surveyors may also see wider implications for project viability, latent defects claims and the stability of supply chains supporting housing delivery.
Key points
- June administrations rose to 36, up from 22 in May and above June last year.
- Ardmore Construction Group and multiple subsidiaries entered administration, with 275 jobs lost.
- Bellway had lodged a £53.4m High Court building liability order over alleged defects at City Peninsula.
- Devonshire Homes and Mackoy Groundworks & Civil Engineering also entered administration in June.
- Industry commentators warned of further insolvencies amid uncertainty, inflation and project delays.
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
