The weaker pound, Brexit and falling house prices have all had an effect on the increasing number of insolvencies in the UK construction sector, according to RSM Restructuring Advisory LLP. Corporate insolvency figures released by the Insolvency Service revealed that a total of 2,764 company failure
Insolvency Service
The director of a Glasgow contractor has been disqualified for failing to maintain and preserve adequate company records. David Simpson Duffy was the sole director of Annick Structures Ltd (ASL), which traded as a construction and civil engineering company.
The director of a Scottish freight transport firm has been banned from acting as a director for 9 years after he illegally used red diesel to fuel his fleet.
The former director of an Edinburgh-based company that supplied security personnel and CCTV facilities to the construction industry has been disqualified for 10 years. Ryan Maginess, 28, who was the sole director of Camereye Contracts Limited, has been banned from acting as a director of a limited c