West Midlands-based contractor the latest in liquidation.
Solihull-based contractor Blucon Demolition has slipped into liquidation. Following hot on the heels of the collapse of Squibb Group, McCormack Demolition and – most recently – Wooldridge Contractors, the demise of yet another demolition company will be cause for wider concern for an industry seemingly beset with financial troubles.
According to a creditor’s list seen by DemolitionNews, the company owed more than £1.9 million, with HMRC listed as one of the biggest creditors.
Companies House says that the company was incorporated in 2015. In the years following, the company carried out a number of high reach demolition projects in and around its native West Midlands.
A statement on the Companies House website says that Blucon has appointed John Hedger, Adam Ramsey and Adam Harris of Seneca as joint liquidators.
