January 2026 saw a slight rise in company insolvencies across England and Wales, but the construction sector remains under the most strain. January 2026: Monthly Results In January 2026, there were 1,744 registered company insolvencies, up 4% from December 2025 (1,683) but 14% lower than January 2025 (2,028). Breakdown of January 2026 insolvencies: Compulsory liquidations: […]… Continue Reading
We are midway through the first month of 2026, and from all of us at Top Service Ltd, we wish you a very happy New Year. As we move into 2026, the UK construction sector continues to operate in a uniquely challenging environment. Economic data from late 2025 shows construction output remained subdued, driven by […]… Continue Reading
The latest insolvency figures are in, and while headline numbers dipped at the end of 2025, risk in the construction supply chain remains very real. In December 2025, 1,671 companies across England and Wales became insolvent: While this monthly fall is welcome, it mirrors normal volatility rather than a meaningful recovery. Insolvency levels remain elevated […]… Continue Reading
January is a critical time for construction businesses. With tight margins, long projects, and the financial pressure of overdue invoices rolling over from last year, cash flow can start the year under strain. At Top Service Ltd, we help construction suppliers and merchants minimise debt, maximise cash, and start the year with confidence. Our specialist […]… Continue Reading
The latest company insolvency figures for England and Wales provide a welcome (though cautious) signal for the construction sector. In November 2025, there were 1,866 registered company insolvencies, down 8% on October and 7% lower than November 2024. While insolvency numbers across 2025 remain slightly higher than last year, they are still significantly below 2023, […]… Continue Reading
The Bank of England has announced a reduction in the base rate, a move welcomed by many UK businesses after a prolonged period of high borrowing costs. For the construction sector, where margins are tight and projects are often financed over long periods, lower interest rates may offer some short-term relief. However, from a credit […]… Continue Reading
Why the best business outcomes still depend on people talking to people. By Philip King FCICM I was privileged to represent Top Service at the 2025 CICM CreditFest events held in Birmingham, Manchester, London, and Leeds in recent months. They were great events and it was suggested I might share some of my thoughts with […]… Continue Reading
After a brief period of stability, corporate insolvencies have begun to climb once more. In October 2025, England and Wales recorded 2,029 company insolvencies —🔺 2% higher than September 2025 (1,995)🔺 17% higher than October 2024 (1,739) While 2025 remains slightly above 2024 levels, activity is still below the 30-year high seen in 2023. Breakdown […]… Continue Reading
Credit management isn’t just about collecting money — it’s about building great business relationships that support long-term growth and stability. For businesses in today’s fast-paced environment, especially across the construction and trade sectors, effective credit control is key to maintaining healthy cash flow. The best businesses understand it’s not simply about chasing payments; it’s about […]… Continue Reading
Construction insolvencies remain high as overall UK insolvency levels stabilise in September 2025. Overview The latest figures from the Insolvency Service show that business failures across England and Wales remain stubbornly high, and construction continues to feel the brunt. With 2,000 registered company insolvencies in September 2025, levels are holding steady compared to both August […]… Continue Reading
