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Project News Details

Title:

Contract disputes helped send offsite firm with £450m turnover ambition into administration

Detail:

Administrators’ report reveals Merit reached overdraft limit two months before collapse, requiring £500,000 temporary increase to pay staff

Country:

United Kingdom

Source:

Building

Published Date:

07.01.2026

URL:

View Original URL

Regions:

Europe Northern Europe

Sectors:

Construction Energy-Power and Electrical Computer Hardwares and Consumables

Project News Details

Title	Contract disputes helped send offsite firm with £450m turnover ambition into administration
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Detail	Administrators’ report reveals Merit reached overdraft limit two months before collapse, requiring £500,000 temporary increase to pay staff
Country	United Kingdom
Source	Building
Regions	Europe Northern Europe
Sectors	Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date	07.01.2026
Original Url	Original Url
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Title
Contract disputes helped send offsite firm with £450m turnover ambition into administration
Detail
Administrators’ report reveals Merit reached overdraft limit two months before collapse, requiring £500,000 temporary increase to pay staff
Country
United Kingdom
Source
Building
Regions
Europe Northern Europe
Sectors
Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date
07.01.2026
Original Url
View Original Url
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