Every business is different, however there are particular issues that construction businesses face which are unique to the sector.
Often with low margins and tough trading conditions, cash flow can be a problem. Below is a list of problems we’ve seen happen in the industry:
It might be that an additional loan is not what is required…. As turnaround practitioners, our specialists can help tackle these issues with you to get your construction business back on track. We can go through all the available options, like expert assessment of the issues your company faces, improved financial reporting, Time to Pay deals, CVAs and pre-pack administrations. We can also find finance for construction companies in distress.
We also have industry specific turnaround experts who can act as non executive directors, chairman or turnaround managers. We have turned around construction companies from £500k to £25m sales.
Call us on 0800 9700539 for free expert advice and a talk through your options. We can visit you onsite to discuss your specific situation.
Written ByKeith Steven
Turnaround Director
Keith is the Turnaround Director of RMT Accountants & Business Advisors. Prior to being acquired by RMT his company KSA Group has undertaken more than 300 CVA led rescues. Read our case studies to see how.
BrewDog Is Up For Sale
BrewDog, the Scottish craft brewer best known for brands such as Punk IPA, has confirmed it has appointed AlixPartners to run a “structured and competitive” process to assess the business’s next phase of investment. This move that has fuelled speculation the company could be sold, or potentially broken up into separate parts. In a statement, BrewDog said the decision follows “a year of decisive action in 2025” focused on cost control and operating efficiencies, describing the appointment as a “deliberate and disciplined step” aimed at strengthening the long-term future of the brand and its operations. The company also stressed that bars and breweries will continue to operate as normal while options are evaluated. AlixPartners is widely recognised for its work in, turnaround and restructuring. It is often engaged by businesses that are under pressure or looking to make significant changes quickly. Its reported that the process could explore multiple outcomes, from attracting fresh investment to an outright sale, with some commentary suggesting bidders may be interested in different elements of the group (for example, the brewing/brands side and the bar estate) if a break-up delivers better value than a single transaction. For customers and employees, BrewDog’s message is reassurance: day-to-day operations continue and “no decisions have been made”. For stakeholders, the key point is that this is now a structured process rather than informal market soundings — meaning the company is likely to move at pace to test appetite and options. This announcement is another sign of how hard the hospitality markets remain, with input costs, wage pressures and cautious spending continuing to squeeze margins across the sector. If your business is facing similar pressures and you are worried about trading or paying creditors then it is vital to act early. This makes any sudden issues more manageable.
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PM Law Group Closed Suddenly Due To SRA Intervention
PM Law Group has abruptly shut down across multiple offices and brands in the UK, creating disruption for clients, property chains and ongoing casework. The group is headquartered in Sheffield and traces its roots back to personal injury firm Proddow Mackay, established in Maidenhead in 1990. An archived version of the group’s website from December stated it had over 600 staff, underlining the scale of the closure. The shutdown appears to have happened without warning. A BBC report on the Kendall office of Butterworths Solicitors (part of the group) featured a sign in the window stating: “Due to regularity matters the PM Group of Businesses carried out within this building can no longer trade.” Many of the group’s associated websites also became unavailable around the same time, and PM Law’s main website is no longer live. The Solicitors Regulation Authority (SRA) has now confirmed formal regulatory action. In an outcome notice published on 4 February 2026, the SRA recorded a closure decision with an intervention outcome on the same date. The notice lists a range of connected entities the SRA has intervened into, spanning the PM Law and Proddow Mackay brands as well as other linked practices, including Butterworths Solicitors and WB Pennine Solicitors. While the legal basis is technical, the practical purpose is straightforward: an intervention is a client-protection step that allows the regulator to secure client files and client money and to put an immediate stop on trading where required. The SRA has appointed an intervening agent to manage the process and handle enquiries: John Owen of Gordons LLP (Bradford). For enquiries, clients and interested parties are directed to call 0113 227 0368 or email PM@gordonsllp.com. PM Law Group appears to have operated through at least 14 law firm brands, with several specialising in conveyancing, alongside personal injury, wills and other legal services. The group also reportedly included related businesses supporting conveyancing and claims operations, including Lexelle (legal expenses insurance/claims management) and OSOI Global, an India-based outsourcing provider offering fixed-price services to conveyancers such as title checking. Financial detail is limited because the group claimed an audit exemption, but accounts filed at Companies House for Proddow McKay Solicitors LLP one of the group companies showed that as at 31 October 2024 the group had creditors of £11.1m. The Group companies and brands appear to be operated under a HMRC VAT group in which all members are jointly and severally liable for any VAT the group owes to HMRC. At 31 October 2024 the overall liability held by this company totals £1,435,017. Its quite unusual for a solicitors company to simply cease trading without SRA intervention. In this case the business appears to have closed the doors last Friday 31st January and did not reopen Monday 2nd February. Some employees had been told not to turn up over the weekend. However the SRA website shows that it intervened yesterday Wednesday 4th February. https://www.sra.org.uk/news/news/press/pm-law/
ReadDirectors Disqualification A Guide For Worried Directors
The content on this page has been written by Keith Steven and approved by Chris Ferguson Licensed Insolvency Practitioner and Director of RMT Insolvency and Recovery.
ReadIndividual Voluntary Arrangement For Partners
An individual voluntary arrangement is a formal deal between the individual (debtor) and the lender or business (creditor). If the individual is in debt and can’t pay payments when they fall due, he or she is insolvent. An IVA can protect debtors against legal actions while a suitable repayment plan is put in place.
ReadGuide To Partnership Voluntary Arrangements or PVA
A PVA is formal arrangement between creditors and the partnership, allowing a proportion of debt to be paid back over time. If the partners believe in the fundamental viability of the business and are determined to fight for the business to help survival, then a PVA can be a powerful tool or framework for the restructuring of the business.
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