According to a new study, a third of all UK demolition contractors are operating at a loss; and around 250 will struggle to survive the current recession.
The latest edition of the respected Plimsoll Report into the major players in the UK demolition industry is out now. And while we haven’t managed to get our hands on a review copy (rest assured, we ARE trying) the headlines do make interesting if not worrying reading.
According to the brief synopsis we have seen so far, the study analyses emerging threats and opportunities in the UK demolition market, and has named 255 aggressive firms that you will need to be aware of in 2009.
Having apparently analysed some 850 individual companies, the report also identifies:
- 255 aggressive companies are chasing sales at the expense of prudence
- 179 of these companies are perfect takeover targets
- 251 demolition contractors are in financial danger and will struggle to survive
- Competitive pressure is now so intense, a third of companies are making a loss
This brand new edition of the report not only analyses each company in detail over two pages, but each company is valued too. Each company in the report is rated on their attractiveness as an acquisition showing at a glance the best prospects in the market as well as those rated danger.
Normally priced £350+VAT, this brand new report is available to order now, priced just £300+VAT for a PDF version.
To order a copy, please email Clair Sherwood-Parkin at: c.sherwood@plimsoll.co.uk or call on Tel: (01642) 626400
We’d love to hear your comments on this worrying report; please use the Comments tool below to let us know what you think.
