Developer’s collapse helps keep Tolent in red

By Dave Rogers2022-07-15T06:00:00

Contractor hit by £2.1m bad debt from High Street Group implosion

One of the country’s best-known regional contractors stayed in the red last year but managed to halve pre-tax tax losses.

North-east builder Tolent said it racked up a £4.4m loss in 2021 which was narrowed from the £8.5m loss it posted in 2020.

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