50% of Companies in ‘Critical’ Financial Distress
The number of construction companies in “significant” financial distress hit increased 38.6% in Q1 2024, reveals the latest Begbies Traynor Red Flag Alert research. In addition, construction was the sector with the most companies in “critical” financial distress, hitting 6,141 in the first quarter of this year. Overall, the level of “significant” financial distress leapt […]