Jump in builders’ merchants going ‘nuclear’ over unpaid bills

The country’s top 20 largest builders’ merchants are turning to last resort measures to force struggling customers to settle unpaid bills.
Mounting tension in the supplychain has spurred a four-fold hike in the number of winding-up petitions issued against builders and civils contractors.
According to figures collated by accountant Mazars, leading builders’ merchants applied to the courts to wind up 185 construction firms for 2022/23 compared to just 44 petitions in the prior y