Colmore Tang Construction suffers another year of losses

Birmingham-based Colmore Tang Construction has suffered another loss after downsizing the business in a switch from major flats projects to delivering specialist cladding remediation.
In latest abridged published accounts for the year to May 2022, the well-known Midlands contractor reported a pre-tax loss of £1.2m along with current liabilities exceeding current assets by £3.4m.
The business continued to shrink with employee numbers down to 16 from 35 staff the previous year. Du