Contractors hit harder than architects as costs rise and government ends covid support

英国破产服务机构发布的英格兰和威尔士的最新数据显示,自疫情爆发以来,已有340多家建筑和工程公司破产。

There were 27 firms in the category that went under in November, a year-on-year increase of 145% and barely down from 2021’s peak of 30 insolvencies in September.

Between March 2020 and November 2021, 343 firms collapsed. There were around 9,000 architecture practices in the whole of the UK in 2020, most of them sole traders, according to the Architects’ Council of Europe.

The Insolvency Service’s statistics do not break down industries into any greater level of detail than “architectural and engineering activities and related technical consultancy”. November is the latest date for which there are figures because of the lag in reporting.

But thereportdoes show that contractors and specialists were the biggest losers in the overall construction sector.

数据显示,在10月到11月之间,破产的承包商数量上升了25%,在此期间有325家企业破产,因此该行业受到警告,预计会有更多的公司破产。

The figure accounted for 19% of the 1,678 firms which collapsed across all industries in the four-week period.

Building firms made up a third of construction’s casualties with more than half coming from the specialist trades such as demolition and enabling contractors. Less than 10% were from civil engineering.

nmcn image

NMCN was construction’s highest-profile casualty last year, sinking into administration last October

这些数据引发了人们的担忧,人们担心今年的数据还会增加,因为企业正努力应对劳动力和材料方面不断上升的通胀,而几年前,它们已被以固定价格签订的合同搞得疲于应付。

John Bell, senior partner at Clarke Bell Insolvency Practitioners in Manchester, said: “The sector is being hit by numerous issues including rising raw material prices, supply chain disruptions, historic debts built up during the pandemic, labour shortages and being tied to fixed-price contracts while the rate of inflation is rising.

“It is the combination of these difficult factors that is leading to so many construction companies going insolvent and being liquidated.”

In its latest report on profit warnings, accountant EY Parthenon yesterday said the number of firms across all industries being forced to issue profit warnings had gone up to 70 in the final quarter of last year – a rise of 19% on the same period in 2020.

And Ian Marson, the head of its construction business, said he expected a spike in the number of construction firms beginning to struggle to start rising in the spring.

他警告称:“我认为疫情将继续升级。”他补充称,为度过疫情而消耗现金储备的中小企业,很可能难以满足原材料和劳动力成本不断上涨的需求。

Arcadis’s head of strategic research, Simon Rawlinson, said the latest insolvency figures “tells us more about the withdrawal of business support associated with covid rather than the immediate state of the construction sector”.

He added: “Business protection measures introduced in May 2020 included six insolvency measures to give companies breathing space to organise a corporate rescue. These measures were withdrawn at the end of September 2021, so the November 2021 data will be the first opportunity to assess the post-covid health of the sector.”

But he admitted he expected the “level of insolvencies will continue to grow as businesses struggle with current market conditions and covid-related debt”.

However thelatest RIBA Future Trends report found architects were confident about workloads in the first quarter of 2022, despite projects continuing to be dogged by delays, shortages and inflation.