Leading facade specialist M Price Group has filed a notice of intention to appoint an administrator.
Latest accounts for the Enfield based contractor for the year to April 30 2021 show turnover of £29m generating a pre-tax loss of £1.2m.
M Price specialised in complex facade installations to high rise and commercial developments with contract sizes between £2m and £20m.
M Price Limited went into administration in September 2023 and M Price Contracting went into voluntary liquidation in April 2024.
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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