Specialist employing 131 people files court notice
Drainage and survey specialist Subscan UDS has filed a notice of intention to appoint an administrator.
The Leeds based specialist employs 131 people offering drainage and surveying services to main contractors across the country.
Latest results for the firm covering August 1 2023 to January 31 2024 show a turnover of £5.5m generating a pre-tax loss of £748.
Data and credit checking specialist Red Flag Alert highlighted the firms’ administration notice with its regular checks of high court construction insolvency applications. Subscribers to the Red Flag Alert service benefit from early warnings about the financial health of companies to help them avoid bad debts.
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