Signs of recovery in the construction sector clash with rising costs, week confidence and a cautious credit outlook.

While many commentators have shared their views on the direction of travel in the construction sector I thought it might be interesting to compare these to the experiences of Top Service members who are working in the sector.

Noble Francis, Economics Director at the Construction Products Association, regularly publishes his analysis of house building volumes and predictions using brick delivery stats as a proxy for house statistics, and they’re usually pretty accurate. Deliveries from January to May 2025 were 13.5% higher than in 2024 – as more new developments started. This is a positive trend, but he points out that even this elevated figure is 26.8% lower than the most recent peak of housing demand in 2022, and he believes it will take years to return to those buoyant levels.

The RICS (Royal Institution of Chartered Surveyors) UK Construction Monitor for Q1 2025 reported signs pointing to modest growth for the year ahead, saying “the forward-looking metrics point to a relatively modest uplift in construction workloads over the next twelve months with profitability in the sector remaining under pressure.”

Addressing demand, Bloomberg Intelligence also reported that demand for housing was higher in May 2025 than a year earlier, despite the end of the stamp duty holiday. This increase was supported by the lowest mortgage rates for several years, and an interesting insight that rates for 2-year fixed mortgages were lower than 5-year fixed deals. Bloomberg expects the 2025 annual construction growth rate to reach 4.5%.

Across business more generally, the ICAEW recently published its second quarter confidence monitor showing that business confidence in the UK had fallen to its lowest level in three years, primarily due to rising taxes and economic instability.

So how do these views compare with those working at the sharp end of construction businesses day-in, day-out. We surveyed Top Service members to canvass their experience of the first half of 2025, and their expectations for the remainder of the year. For the first half of the year, 57.8% have seen a contraction in demand, while just under half experienced growth. Expectations for the second half of 2025 reflect a similar split with 52.9% expecting contraction and 47.1% forecasting growth.

We also asked what was having the biggest impact on their customers and clients. By a significant margin, the top two issues were lack of confidence and labour costs. These match the ICAEW findings and the latter is no great surprise given the focus over recent months on the National Insurance increases.

Sadly, the prospects for credit management trends are bleak with 80.2% expecting business failures and bad debts to increase. The need to use all the tools available to support best practice risk management and collections is as vital as ever.

Government is playing its part in trying to boost the construction sector. The Construction Skills Mission Board held its first meeting in June and has a target of attracting 100,000 new workers into the industry. It will do this by focussing on five key areas to drive increased recruitment: confidence to employ and invest, clear new entrant pathways, access to provision & support to train, funding that works, reliable and rewarding careers. All laudable objectives if they are effectively implemented but the activity needs to be kept on track and not fall away like so many similar initiatives in the past.

Its intention to invest £39 billion in an Affordable Housing Programme over the next ten years is equally praiseworthy but a staggering 92.5% of surveyed Top Service members said they did not believe the Government would achieve the target, and most commentators seem to be equally sceptical.

In summary, it can be said that there are glimmers of optimism, promises of a brighter long-term future, and operational challenges for the rest of this year. Best practice credit management is going to be just as important as ever. Speaking personally, I’m proud to work with a company that helps its members meet and overcome these challenges every day.

Author: Philip King FCICM is a non-executive director at Top Service Ltd

In August 2025, company insolvencies dipped slightly compared to July, but the numbers remain elevated, and construction remains at the top of the list for all the wrong reasons.

According to the latest government data, there were 2,048 registered company insolvencies in England and Wales during August. That’s 2% lower than July’s 2,083, but still 6% higher than the same month last year (1,933). After eight months of 2025, the picture is clear: insolvencies are running at roughly the same level as 2023, which marked a 30-year high.

Volatility hasn’t gone away. For construction firms in particular, the risks remain high, with cash flow pressures continuing to be the sector’s biggest vulnerability.

Construction: Still the Hardest Hit

Over the 12 months to July 2025, 3,973 construction companies entered insolvency, accounting for 17% of all business failures where the industry was recorded. That puts construction firmly at the top of the insolvency league table, ahead of wholesale & retail, accommodation & food services, and manufacturing.

The challenges remain familiar:

• Tight margins are squeezed further by rising material and labour costs
• Late payment cycles that leave subcontractors dangerously exposed
• Interest rate pressures are weighing on developers and contractors alike
• Ongoing labour shortages, inflating wages and disrupting delivery

These conditions mean even well-run firms with solid order books are at risk. In our conversations with clients, we’re seeing more subcontractors and SMEs struggling to absorb even short delays in payment.

Breaking Down the August Numbers

Looking deeper into the insolvency data:

• Creditors’ Voluntary Liquidations (CVLs): 1,600 cases in August, accounting for 78% of all insolvencies. That’s up 1% from July and 5% higher year-on-year, showing many businesses continue to choose voluntary winding-up as pressures mount.
• Compulsory Liquidations: 311 cases, down 9% from July but still 11% higher than last year—and above the 2024 monthly average. This suggests creditors (including HMRC) are still taking a firmer stance.
• Administrations: 121 cases, down sharply (17% from July) but 6% higher year-on-year. While fewer businesses attempted formal restructuring in August, the longer-term trend since 2022 has been upwards.
• Company Voluntary Arrangements (CVAs): Just 16 cases, but that’s 33% higher than July, even if 20% down on August 2024. Volumes remain very low compared to historic levels.
• Receiverships: Zero recorded in August—these remain rare in the current landscape.

The 12-month rolling insolvency rate now stands at 52.6 per 10,000 companies (1 in 190 businesses). That’s slightly down from 55.5 the year before, but still well above pre-pandemic levels.

Long-Term Picture: Not a Time for Complacency

While the slight dip in August is welcome, insolvency volumes remain stubbornly high, and the construction sector continues to be disproportionately exposed.

The last sustained decline in insolvency levels came during 2016–2019. Since then, the combined effects of the pandemic, inflation, interest rate rises, and tighter lending have kept numbers high. With construction firms often carrying heavy overheads and dependent on prompt client payments, the sector is still walking a fine line.

Our View

At Top Service, we see insolvencies not just as numbers but as early warning signs for credit managers and directors across the construction supply chain.

Our advice:

• Stay proactive with credit control—don’t wait until overdue invoices turn into bad debt.
• Use sector-specific intelligence to spot early warning signs of stress in clients.
• Tighten payment terms and avoid overexposure to risky accounts.

Insolvency numbers may have edged down slightly this month, but the data tells us the sector remains fragile. Now is the time to strengthen cash flow protection, not to relax.

👉 If you’d like to discuss how to safeguard your business in these conditions, contact us on 01527 503 990 or visit www.top-service.co.uk.

In construction, margins are often tight, projects are complex, and payment delays can put serious strain on your cash flow. That’s why knowing exactly who you’re trading with, before problems arise, is essential.

Relying on instinct or experience isn’t enough. The most resilient construction businesses carry out proactive checks on customers to identify risks before they lead to
bad debt.

Why Proactive Checks Matter
Many credit issues can be avoided if you have the right information at the right time. Common risks include:
● Customers with a history of slow or missed payments
● Directors linked to multiple failed companies
● Companies with sudden changes in financial behaviour
● Complex or opaque ownership structures

Spotting these warning signs early allows you to adjust terms, seek assurances, or decline the work before you’re exposed.

Beyond the Basics: How Top Service Protects You
Standard credit checks can leave blind spots — especially if the information is based only on historic filed accounts. At Top Service, we specialise in the construction sector, which means our intelligence reflects what’s happening right now, not just last year.

Our members benefit from:
● Real-time trading experiences shared by thousands of construction suppliers
● Director monitoring to flag linked high-risk companies
● Fraud detection alerts to catch suspicious behaviour early
● Debt recovery services that act fast on slow payers

This combination provides you with the tools to protect your cash flow and minimise unnecessary exposure.

Building Your Safety Net
To safeguard your business from risky customers, consider these steps:

1. Check before you commit – Always carry out thorough due diligence on new customers.
2. Monitor continuously – Keep a close watch for changes in payment behaviour or financial health.
3. Act quickly – Address slow payment or other warning signs before they escalate.
4. Use multiple safeguards – Combine proactive checks with robust terms, guarantees, or insurance.

Don’t Leave It to Chance
In construction, prevention is far more effective than cure. By working with Top Service, you gain the advantage of timely, sector-specific intelligence and the support of a debt recovery team that understands your industry.
Protect your business today. Contact us to find out how our tools and services can give you the confidence to trade with the right customers — and avoid the wrong ones

In construction, where upfront costs are high and payment terms are long, managing credit risk isn’t optional; it’s essential for survival.
Trade credit insurance is a valuable safety net, protecting you from losses if a customer becomes insolvent or defaults.
But here’s the reality: insurance pays you after the damage is done.

To truly protect your cash flow, you need to combine insurance with real-time intelligence and proactive debt recovery, and that’s where Top Service comes in.

Sector Insights
While trade credit claims cover losses, they don’t prevent them.

Recent figures underline the risk:
● In May 2025, UK insolvencies rose 15% year-on-year, with 2,238 filings
● For construction specifically, annual insolvencies hit 4,056 — up 26% compared to
pre-pandemic levels

The Role of Trade Credit Insurance
Credit insurance covers you when customers can’t or won’t pay, giving you financial protection up to your policy limits.

It’s an important backstop — but it has limits:
● Claims can take time to process.
● You’ll likely pay an excess.
● It can impact renewal terms and premiums.

And most importantly, to make a claim, you still need robust due diligence in place. That means thorough credit checks, continuous monitoring, and quick action when a customer’s payment behaviour changes.

Why Standard Credit Information Falls Short

Most credit insurance policyholders rely on their insurer for risk data. But:
● Reports often rely on filed accounts that may be months — even years — out of date.
● They rarely show what’s happening in real time with day-to-day suppliers.

By the time a generic provider updates their rating, your customer could already owe you thousands.

The Top Service Difference

As the UK’s only credit reference agency dedicated to the construction industry, we go beyond static reports:
● Up-to-the-minute trading experiences from thousands of construction suppliers.
● Sector-specific intelligence you can act on immediately.
● Fraud detection tools to uncover hidden risks.
● Real-time monitoring alerts so you know when a customer’s risk profile changes.

This isn’t just about spotting risk — it’s about seeing it early enough to act.#

Debt Recovery Before the Claim
Even with insurance, a direct recovery is often faster and more cost-effective than making a claim:
● You get paid quicker.
● You avoid excess charges.
● You keep your premiums lower.

For slow payers, our debt recovery team moves fast — often securing full payment while preserving customer relationships. If insolvency has already occurred, your insurer can step in, but why wait until it’s too late?

The Two-Layer Defence
● Layer 1: Credit insurance — your safety net.
● Layer 2: Top Service — your early warning and rapid recovery system.
Together, they don’t just protect you after a loss — they help prevent the loss in the first place.

Quick Action Checklist
✔ Use Top Service to monitor all insurance-covered clients.
✔ Take early action on slow payers before a claim is necessary.
✔ Use monitoring insights to adjust cover levels and keep premiums competitive.

Ready to strengthen your credit risk strategy?
Contact Top Service Ltd today to see how our real-time construction sector intelligence works hand-in-hand with your existing cover

In the UK construction industry, working with the right customers and partners is crucial. One growing risk is the rise in director disqualifications, which can put your business at serious financial risk if you unknowingly work with a company led by a banned director.

The Surge in Director Bans
The Insolvency Service has been increasingly active in disqualifying directors who have mismanaged companies, failed to meet financial obligations, or engaged in fraudulent activity. Many recent bans are linked to the misuse of Covid-era government loans.

Hard Data Insight:
● 1,036 directors disqualified in 2024–25
● 736 bans related to COVID loan abuse
● Average ban length: 8 years

Construction remains one of the most vulnerable sectors:
● 427 construction insolvencies in July 2025 — representing 17% of all UK corporate failures
● Half of UK businesses in late 2024 were experiencing critical financial distress, and 58% of these were in construction and real estate

Why This Matters for Construction Businesses
Working with a company led by a disqualified director can expose you to:
● Serious non-payment risks
● Costly contractual disputes
● Potential liability for failing to carry out proper due diligence

For suppliers and contractors operating on tight margins and long payment terms, these
risks can be devastating

Spotting Risk Before It Hits
Due diligence is your first line of defence. Warning signs to look out for include:
● Directors recently disqualified
● Companies with complex or unclear ownership structures
● Multiple companies registered to the same director without legitimate links
Identifying these red flags early can help you avoid losses and strengthen your business resilience

Actionable Checklist
✔ Enable director monitoring alerts for all key trading partners
✔ Check director networks and affiliations for hidden risk patterns
✔ If risks are flagged, review credit terms or request added assurances, such as a parent company guarantee

How Top Service Helps
At Top Service Ltd, we specialise in credit management solutions built for the construction sector. Our platform offers:
● Real-time monitoring of directors and company changes
● Identification of linked directors across multiple companies
● Alerts to high-risk behaviour before it impacts your business
This insight enables you to make confident trading decisions, safeguard cash flow, and protect your reputation.

Take Action
Don’t wait for problems to surface. Start proactive due diligence on your customers and suppliers now to protect your business from avoidable risks.
Contact Top Service Ltd today to see how our tools can help you spot and manage director-related risks with confidence

In construction, a customer’s financial health can turn faster than concrete can set. One month, they’re placing large orders, the next they’re delaying payments, dodging calls, or worse, going into administration.
Catching the warning signs early isn’t just good practice; it’s the difference between getting paid and writing off the debt.

At Top Service, we specialise in helping UK construction suppliers and subcontractors minimise debt and maximise cash through sector-specific credit information, early
warnings, and effective debt recovery.
Here’s what to watch for and how our services help you act before it’s too late.

Common Early Warning Signs of Financial Trouble
Even healthy-looking businesses can be in trouble behind the scenes.
Our members regularly report spotting these changes before the public data catches up:

1. Slower Payments or Broken Promises
   ○ A customer who always paid on time now needs “a few more days” —
   repeatedly.
   ○ Payment plans are agreed upon but not kept.
2. Unusual Ordering Patterns
   ○ Large, urgent orders out of nowhere that deviate from normal behaviour.
   ○ Requests for extended terms that don’t match their trading history.
3. Director Changes or Multiple Directorships
   ○ A new director was suddenly appointed.
   ○ A director linked to multiple struggling companies (something that can be
   missed if you’re only looking at Companies House).
4. Rising Number of CCJs
   ○ County Court Judgments appearing in their record. Even one is worth
   investigating.
5. Rumours in the Trade
   ○ Word travels fast in construction, sometimes faster than official filings.

How Top Service Alerts You Sooner
Many suppliers rely solely on free company checks or updates from insurance providers. The
problem? By the time that data changes, it’s often too late.

At Top Service Ltd, we specialise in credit management solutions tailored to the UK
construction sector. Our services help you spot issues before they impact your business:
● Real-Time Trading Experiences: Gain insights from fellow construction businesses
about payment behaviours.
● Comprehensive Credit Reports: Detailed financial information on limited and
non-limited companies.
● Director Monitoring: Get alerts on changes in directorships and affiliations to spot
hidden risks.
● Company Monitoring: Continuous updates on your clients’ financial health

Why Acting Early Matters
Once a company enters formal insolvency, your recovery options are limited.
If you see the signs early, you can:
● Tighten credit terms or request upfront payments.
● Reduce exposure before debts escalate.
● Initiate debt recovery action while the company still has funds

Want to see how quickly our alerts can work for you?
Ask us about our free trial and see the difference industry-specific intelligence makes.
📞 Arrange a demo | 💬 Ask an expert | 🔗 Join us now

The latest insolvency figures are in, and after an overall decrease last month, insolvencies have now plateaued.

In July 2025, 2,081 companies across England and Wales became insolvent compared to :

2,053 in June

2,078 in July 2024

Breakdown of insolvencies (July 2025)

• Compulsory liquidations: 339 (slightly higher than June and 2024 averages)
• Creditors’ voluntary liquidations (CVLs): 1,583 (stable compared to June and the 18-month average)
• Administrations: 147 (higher than June)
• Company voluntary arrangements (CVAs): 12 (lower than June)

 Key Trends (Aug 2024 – Jul 2025)

• Insolvency rate: 52.5 per 10,000 companies (1 in 190) – down slightly from 56.6 per 10,000 a year earlier.
• While numbers are lower than the 30-year peak in 2023, insolvencies remain elevated compared to pre-pandemic norms.
• Construction, retail, and professional services have consistently ranked as the top 3 most affected sectors in the past 12 months.
• Insolvency risk is most acute in sectors with high competition, tight margins, and exposure to economic cycles. Construction remains the standout area of concern, followed by retail and professional services.

The construction sector continues to be one of the hardest-hit industries for company insolvencies. According to the latest figures:

July 2025 Overview

• Total construction insolvencies: 427 cases in July
• This is slightly lower than June (447) but broadly in line with May (429).
• The sector consistently accounts for one of the highest shares of monthly company insolvencies across all industries.

Construction Insolvencies by Type

• Creditors’ Voluntary Liquidations (CVLs): 325 cases (76%)
  • By far the most common route, reflecting subcontractors and SMEs winding up after unsustainable financial strain.
• Compulsory Liquidations: 68 cases (16%)
  • Rising trend compared to 2024, showing creditors (including HMRC) are more aggressively pursuing unpaid debts.
    
• Administrations: 30 cases (7%)
  • Typically, larger or mid-tier contractors are attempting restructuring or business sales while continuing some operations.
    
• Company Voluntary Arrangements (CVAs): 4 cases (1%)
  • Rare in construction, but occasionally used by firms seeking an agreement with creditors to continue trading.

 Trend over the last 3 months

• May 2025: 429 insolvencies
• June 2025: 447 insolvencies
• July 2025: 427 insolvencies

While numbers remain volatile month to month, construction insolvencies have held steady around the 430–450 range, showing little sign of easing.

Key Insights

• Specialised trades (finishing, M&E, and fit-out contractors) remain the most vulnerable part of the supply chain, representing nearly half of all construction insolvencies.
• Civil engineering is comparatively stable, with consistently low insolvency numbers.
• Insolvency volumes are still high compared with pre-pandemic levels, underlining the ongoing financial strain across the sector from inflation, interest rates, and delayed payments.

Our Take – What Should You Do?

The July 2025 insolvency figures underline that construction remains one of the hardest-hit industries. Over 400 companies failed last month alone, with specialist trades such as plumbing, electrical, and finishing contractors most exposed.

While overall UK insolvency rates have eased slightly from last year, construction insolvencies have held stubbornly high for three months in a row. Subcontractors in particular face rising costs, late payments, and tight margins that leave little room to absorb financial shocks.

The message is clear: cashflow control, stronger credit management, and fairer payment practices are essential if the sector is to weather these pressures and protect its supply chain.

It’s time to be proactive, and that starts with information specific to your business.

👉 If you’d like to explore strategies to safeguard your business and strengthen resilience, get in touch with our team today.

At Top Service, our mission has always been clear – to help our members minimise debt and maximise cash. That’s why we’re delighted to announce our new partnership with Opus Restructuring & Insolvency, the UK’s largest independent corporate restructuring firm and a leader in creditor advisory services.

Through this partnership, our members will have direct access to Opus’ specialist Creditor Services division, giving you more tools, expertise, and support when it comes to protecting your business and recovering debt.

By combining Opus’ proven track record in creditor recoveries and insolvency with Top Service’s real-time payment data and insight from over 6,000 construction branches and depots across the UK, our members will benefit from:

• Earlier warnings of financial distress in customers
• Faster, more informed decision-making on credit risk
• Stronger representation and results in insolvency situations

“Top Service is a long-standing, trusted name in credit control for construction,” said Mark Ranson, Partner at Opus. “Together, we’re uniquely positioned to help firms spot risk early, make informed credit decisions, and act swiftly when things go wrong.”

The services now available to Top Service members include:
✔ End-to-end claims management
✔ Representation at creditor meetings and committees
✔ Intelligent monitoring tools with real-time alerts
✔ Portfolio reporting with risk ratings and recovery summaries

This support is available to members immediately.

📞 To find out more, contact our team on 01527 518800 or email membership@top-service.co.uk.

Recovering What You’re Owed While Protecting Valuable Relationships

In the construction industry, credit risk is a fact of life — but so are long-standing client relationships that you don’t want to jeopardise.

At Top Service Ltd, we understand the delicate balance: getting paid while preserving future work. That’s why we specialise in fair, professional debt recovery that’s built around the realities of construction trading.

Here’s how to recover outstanding debt without damaging your reputation, relationships, or repeat business.

🤝 1. Know When to Chase – And When to Escalate

Not every late payment is a warning trigger. But over time, delayed payments can indicate deeper issues, such as:

• Cashflow pressure or overtrading
  
• Poor credit management
  
• Looming insolvency
  

Top Service Tip:
Don’t wait too long. Set internal “triggers” for when to escalate.

⏱️ The earlier you escalate, the better the recovery chance.

🗣️ 2. Keep Your Language Firm But Professional

When collecting overdue payments:

• Stay factual and non-accusatory
  
• Reference agreed terms clearly
  
• Offer a path to resolution, not just a threat
  

Example:

“As per our agreed 30-day terms, the payment was due on [DATE]. We understand delays can happen — please let us know if there are any issues; otherwise, payment is now required in full to avoid escalation.”

⚠️ 3. Don’t Be Afraid to Use External Support

Many businesses fear that bringing in a third party means the relationship is over. However, in reality, our professional, non-confrontational approach often enhances communication and demonstrates that your business is serious.

🛠️ We approach debtors with empathy, construction knowledge, and a focus on resolution — not threats.

When handled professionally:

• You get paid faster
  
• Clients respect your process
  
• Future work stays on the table (when appropriate)
  

💬 4. Recovery with Reputation in Mind

Top Service isn’t a call centre or a generalist agency. Our sector knowledge allows us to:

• Understand the chain of supply complexities
  
• Reference industry-standard practices (Construction Act, PPC etc.)
  
• Avoid aggressive tactics that damage your standing
  

We represent your business with integrity, professionalism and care.

“They recovered a difficult debt for us quickly — and the customer actually thanked us for being respectful. We’re still working together.”
— TS Customer Feedback, 2024

🧠 5. Learn from the Debt

Every unpaid invoice is a lesson.

Ask yourself:

• Were the terms clear enough?
  
• Did we credit-check the customer properly?
  
• Were any early warning signs missed?
  
• Could we have escalated earlier?
  

Top Service helps customers build better front-end processes to reduce repeat problems, including:

• Tailored credit reports
  
• Trading alerts and monitoring
  
• Guidance on payment terms and guarantees
  

✅ Your Action Plan

1. Document your escalation timeline – and stick to it
   
2. Use a firm but respectful tone when chasing
   
3. Refer to the signed terms and agreed payment dates
   
4. Bring in Top Service early – don’t wait until it’s too late
   
5. Review what went wrong – and tighten processes next time
   

Need a second opinion on a tricky overdue account?
📞 Ask an Expert – our credit control advisors are here to help.

The latest insolvency figures are in, and the construction industry is still under pressure despite a decrease in insolvencies across the board. In the last month, 385 construction businesses became insolvent.  An 18% increase from May 2025.

In June 2025, 2,043 companies across England and Wales became insolvent:

• 8% decrease from April
• 16% lower than May 2024

This includes:

• 1,585 creditors’ voluntary liquidations (CVLs)
• 332 compulsory liquidations
• 111 administrations
• 15 company voluntary arrangements (CVAs)

CVLs still account for 77% of all insolvencies, a sign that although a decrease in Insolvencies, businesses are still choosing to close voluntarily. 

1. Construction: The Most Impacted Sector

In the last month, 385 construction businesses became insolvent.  An 18% increase from May 2025.

That’s more than:

• Wholesale and retail (348)
• Accommodation and food services (295)
• Manufacturing (181)

Looking at the past 12 months to May 2025, 4,056 Construction businesses became insolvent, still a huge 17% of all cases where the sector was identified.

Other industries that experienced a high number of insolvencies in the 12 months to May 2025 were:

• Wholesale and retail trade (3,677),
• Accommodation and food service (3,381),
• Manufacturing (1,973).

The construction sector continues to face the sharpest end of credit risk.  Operating costs, tight margins, and cash flow pressures are forcing many firms to exit the market.

1. What’s Driving the Numbers?

While insolvency rates are still below the 2008–09 peak, the upward trend is clear:

• Insolvency rates are now 52.4 per 10,000 companies (down from 53 in May)
• June saw a 6% drop in compulsory liquidations (still higher than June 2024)
• Administrations were 18% lower than in May 2025, while CVAs were 7% higher

Our Take – What This Means for You

Insolvency numbers may be falling overall, but in the construction industry, the picture is more complex. Many of our members report that despite these figures, things feel ‘eerily’ quiet — a possible sign that financial distress is building beneath the surface.

That’s why it’s more important than ever for credit managers to remain vigilant: reviewing credit control practices, using industry-specific intelligence, and acting on early warning signs.

At Top Service, we go beyond the headlines. As the UK’s only credit reference agency dedicated solely to the construction industry, our unique network of sector-specific trading data and member-led intelligence gives us a crucial edge. Our members frequently report delayed or inconsistent payments from a company up to a year or more before formal insolvency, enabling us to alert others to act early, adjust credit terms, or cease supply altogether.

It’s time to be proactive, and that starts with information specific to your business.

1.  What Should You Do Now? 

• Use credit reports combined with industry insights to stay informed
• Act early on overdue debts – don’t wait for insolvency to strike
• Speak to experts who understand the construction industry
• Track changes in customer behaviour – sudden CCJs, changes in directors, missed payments.

2. Do you want to receive real-time updates to protect your business? Join Top Service today and trade with confidence.

At Top Service Ltd, we help construction businesses:

• Stay one step ahead of insolvency risk
• Minimise debt exposure
• Make confident credit decisions
• Get paid faster

Let’s Talk – With the right tools and real-time industry-specific data, your business can trade safely, without the surprises.