After a tough 2025, how will construction companies fare in 2026? Find out here
In the first year of 2025 alone, UK construction administrations made up 10% of the 783 administrations. This makes construction one of the most difficult businesses to maintain in the UK, and those conditions are continuing into 2026.
Below, we are listing notable examples of companies that fall into administration or insolvency throughout the year.
Learn more about which construction companies didn’t make it through 2025 here.
January
FK Group
A building envelope specialist, FK Group Ltd filed notice of administration on 19 January.
The group and its two subsidiaries, FK Construction Ltd and FK Facades Ltd, have been operating since 1979, but in recent times have encountered financial difficulties.
Caldwell Construction
Caldwell Construction was a groundworks and civils contractor based in Stoke on Trent. Recently they have been searching for a buyer, and have now filed notice for administration after many subcontractors were not paid.
They have been responsible for several projects across the West Midlands, Including brownfield developments in the Wirral and around Stoke on Trent.
It is understood that creditors are chasing the firm, as it has not been able to pay sub-contractors or suppliers for weeks.
Versarien
A firm once hailed as the “future of construction” due to its Cementene concrete admixture due to low carbon and high strength, among other products, has fallen in administration.
Established in 2010, Versarien’s products have been trialled in concrete elements on HS2, as well as being a member of National Highways Roads Research Alliance and the Digital Roads of the Future project. The firm also signed a deal with Balfour Beatty in 2024 to work on low-carbon products.
However, yearly records indicate Versarien had not made a profit in several years, with losses often double the reported revenue. The board began seeking a buyer last summer, with some interest reported, but no deal materialised.
Joint administrator Andrew Knowles said: “We are disappointed that a solvent sale of the business did not take place, despite reaching out to both industry and non-industry specific parties. However, we are currently in negotiations with several parties who are looking to acquire the business and assets from the administrators.”
