Carillion - Are you affected?

Today the UK (and the world) woke to the news that Carillion plc has entered liquidation.

Whilst the exact details of the insolvency process remain unknown, the fact that the UK’s 2nd largest construction company (with over 20,000 employees) has failed will undoubtedly cause concern to many and the repercussions will be felt for a long time to come.

There are thousands of businesses, sole traders, contractors, sub-contractors, agents and creditors affected by this all of whom are now being forced to urgently look at their own financial position as a result of Carillion’s failure.

Turner Parkinson has one of the North West’s largest insolvency and restructuring teams who handle all aspects of insolvency, together with a vastly experienced construction team who regularly act for businesses large and small across the country who may require advice on the various options open to them in circumstances such as these.

If Carillion's liquidation has affected you then please contact our Insolvency and Construction teams on 0161 833 1212.