Covid and £3m bad debt helped send Lancashire contractor under

By Dave Rogers2020-07-06T05:00:00

April collapse of Construction Partnership UK likely to be one of first building firms felled by coronavirus crisis

A company which had furloughed all of its staff only to later collapse leaving trade creditors more than £9m out of pocket was sunk by coronavirus and a £3m bad debt, an administrator’s report has said.

Lancashire firm Construction Partnership UK (CPUK) hit the headlines in the spring when it went into administration at the end of April with all 94 staff, then on the government’s jobs retention scheme, losing their jobs.

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