An official notice issued this week revealed that another UK construction company has entered liquidation. Several construction firms have gone into liquidation over the past few months. While many have not shared specific reasons for these moves, some have detailed the increased operational, energy and supply costs they are facing, which all add up to make a hostile trading environment for many businesses.
A notice was published in the London Gazette, the UK’s official public record, revealing that Easy Fix Roofing Ltd has entered Creditor’s Voluntary Liquidation (CVL). CVL is a process by which a company decides to enter liquidation to sell its assets and pay its debts. It is a move normally taken when a company is insolvent and cannot…