{"id":888,"date":"2025-04-28T14:13:38","date_gmt":"2025-04-28T13:13:38","guid":{"rendered":"https:\/\/www.thebuildchain.co.uk\/news\/?p=888"},"modified":"2025-04-28T14:13:39","modified_gmt":"2025-04-28T13:13:39","slug":"82-of-construction-businesses-went-bust-in-2024","status":"publish","type":"post","link":"https:\/\/www.thebuildchain.co.uk\/news\/82-of-construction-businesses-went-bust-in-2024\/","title":{"rendered":"82% of Construction Businesses went bust in 2024!"},"content":{"rendered":"\n<p>You may think \u201cI have control of my business finances\u201d or worse \u201cI have a good strong accountant, bookkeeper of even Commercial Director\u201d. Unfortunately, we see this across the industry through our network of partners time and time again and in a recent survey this was more stark than ever.<\/p>\n\n\n\n<p>Through a recent survey of hundreds of contractors, <strong>75% of these firms<\/strong> faced the same dilemma, How do I make sure that I have good financial stability, Do I need to hire a dedicated Finance Director or senior finance representative?<\/p>\n\n\n\n<p>Concerningly, <strong>82% of these firms answered to No<\/strong> to hiring a full time or fractional FD, leading to these firms going bust.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a class=\"https:\/\/www.thebuildchain.co.uk\/\" href=\"https:\/\/www.thebuildchain.co.uk\/\" target=\"_blank\" rel=\"https:\/\/www.thebuildchain.co.uk\/ noopener\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"86\" src=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/banner-1-Copy-1024x86.png\" alt=\"\" class=\"wp-image-889\" srcset=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/banner-1-Copy-1024x86.png 1024w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/banner-1-Copy-300x25.png 300w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/banner-1-Copy-768x65.png 768w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/banner-1-Copy-1536x129.png 1536w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/banner-1-Copy-380x32.png 380w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/banner-1-Copy-550x46.png 550w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/banner-1-Copy-800x67.png 800w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/banner-1-Copy-1160x98.png 1160w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/banner-1-Copy-1920x162.png 1920w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/banner-1-Copy.png 1925w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><strong>Give me the detail!<\/strong><\/p>\n\n\n\n<p>In 2024, a staggering 82% of 200 surveyed UK construction companies collapsed, with a common thread running through their demise, the absence of a dedicated Finance Director (FD) or Chief Financial Officer (CFO). Our recent survey of these businesses revealed a harsh reality, 75% of construction leaders faced the critical decision of whether to hire a fractional or full-time FD, and 82% of those who opted against it went under. The numbers are sobering, but the stories behind them are even more alarming.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"577\" src=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/4-4-1024x577.png\" alt=\"\" class=\"wp-image-893\" srcset=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/4-4-1024x577.png 1024w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/4-4-300x169.png 300w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/4-4-768x433.png 768w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/4-4-1536x865.png 1536w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/4-4-380x214.png 380w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/4-4-550x310.png 550w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/4-4-800x451.png 800w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/4-4-1160x654.png 1160w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/4-4.png 1640w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>A Liquidator\u2019s Alarming Report<\/strong><\/p>\n\n\n\n<p>Of the 127 construction companies that collapsed in 2024, 104 shared a fatal flaw: no Finance Director. One case stands out as particularly devastating:<\/p>\n\n\n\n<ul>\n<li><strong>\u00a323m turnover<\/strong> business.<\/li>\n\n\n\n<li><strong>84 families<\/strong> now left without income.<\/li>\n\n\n\n<li>Owner\u2019s belief: <strong>\u201cWe were profitable.\u201d<\/strong><\/li>\n\n\n\n<li>Administrators now sifting through <strong>the wreckage.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The owner\u2019s words cut deep: <em>\u201cWe were making money on every job.\u201d<\/em> Yet, their business crumbled. Why? The survey asked basic financial questions, and the responses exposed critical gaps:<\/p>\n\n\n\n<ul>\n<li><strong>Who handles the finance?<\/strong> \u201cOur bookkeeper and accountant.\u201d<\/li>\n\n\n\n<li><strong>When was your last cash flow forecast?<\/strong> \u201cWe check the bank balance daily.\u201d<\/li>\n\n\n\n<li><strong>What\u2019s your pipeline and WIP position?<\/strong> <em>Blank stare.<\/em><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"577\" src=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/3-4-1024x577.png\" alt=\"\" class=\"wp-image-892\" srcset=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/3-4-1024x577.png 1024w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/3-4-300x169.png 300w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/3-4-768x433.png 768w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/3-4-1536x865.png 1536w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/3-4-380x214.png 380w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/3-4-550x310.png 550w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/3-4-800x451.png 800w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/3-4-1160x654.png 1160w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/3-4.png 1640w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>The Brutal Truth<\/strong><\/p>\n\n\n\n<p>The distinction between roles is stark:<\/p>\n\n\n\n<ul>\n<li>A <strong>bookkeeper<\/strong> records the past.<\/li>\n\n\n\n<li>An <strong>accountant<\/strong> reports the past.<\/li>\n\n\n\n<li>A <strong>Finance Director\/CFO<\/strong> protects the future.<\/li>\n<\/ul>\n\n\n\n<p>In construction, it\u2019s common for a Managing Director (MD) or Commercial Director to oversee finance which is a dangerous mistake. Commercial Directors are skilled at winning contracts, not forecasting cash flow or managing financial risk. This misalignment fuels a cycle of failure.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"577\" src=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/7-1-1024x577.png\" alt=\"\" class=\"wp-image-896\" srcset=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/7-1-1024x577.png 1024w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/7-1-300x169.png 300w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/7-1-768x433.png 768w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/7-1-1536x865.png 1536w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/7-1-380x214.png 380w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/7-1-550x310.png 550w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/7-1-800x451.png 800w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/7-1.png 1640w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Why Construction Companies Fail<\/strong><\/p>\n\n\n\n<p>Our survey pinpointed the key reasons behind these collapses:<\/p>\n\n\n\n<ul>\n<li><strong>Reactive decision-making<\/strong>: Acting on instinct rather than data.<\/li>\n\n\n\n<li><strong>Poor cash management<\/strong>: No visibility into liquidity or forecasting.<\/li>\n\n\n\n<li><strong>Weak financial controls<\/strong>: Lack of oversight on costs and margins.<\/li>\n\n\n\n<li><strong>No strategic planning<\/strong>: Failing to anticipate market or project risks.<\/li>\n\n\n\n<li><strong>Minimal investment in technology<\/strong>: Manual processes for quoting, pricing, ordering, and finance increase costs and errors.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"577\" src=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/2-4-1024x577.png\" alt=\"\" class=\"wp-image-891\" srcset=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/2-4-1024x577.png 1024w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/2-4-300x169.png 300w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/2-4-768x433.png 768w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/2-4-1536x865.png 1536w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/2-4-380x214.png 380w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/2-4-550x310.png 550w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/2-4-800x451.png 800w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/2-4.png 1640w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>What a Finance Director Actually Does<\/strong><\/p>\n\n\n\n<p>A Finance Director isn\u2019t just a number-cruncher; they\u2019re a strategic partner who safeguards your business. Their role includes:<\/p>\n\n\n\n<ul>\n<li><strong>Financial strategy<\/strong>: Aligning budgets with long-term goals.<\/li>\n\n\n\n<li><strong>Risk management<\/strong>: Identifying and mitigating financial threats.<\/li>\n\n\n\n<li><strong>Funding relationships<\/strong>: Securing loans or investment on favourable terms.<\/li>\n\n\n\n<li><strong>Commercial decisions<\/strong>: Guiding pricing, contracts, and profitability.<\/li>\n\n\n\n<li><strong>Working capital management<\/strong>: Ensuring cash flow supports operations.<\/li>\n\n\n\n<li><strong>Detailed cash flow forecasting<\/strong>: Planning for lean months or unexpected costs.<\/li>\n\n\n\n<li><strong>Identifying Technology: <\/strong>ensuring the business doesn\u2019t just do what they have always done.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"577\" src=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/8-1-1024x577.png\" alt=\"\" class=\"wp-image-897\" srcset=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/8-1-1024x577.png 1024w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/8-1-300x169.png 300w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/8-1-768x433.png 768w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/8-1-1536x865.png 1536w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/8-1-380x214.png 380w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/8-1-550x310.png 550w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/8-1-800x451.png 800w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/8-1-1160x654.png 1160w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/8-1.png 1640w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>The Cost of Inaction<\/strong><\/p>\n\n\n\n<p>Hiring a Finance Director, whether full-time or fractional can seem expensive. Depending on their involvement, costs vary, <strong>but the price of <em>not<\/em> having one is far steeper which can lead to the collapse of a viable business.<\/strong> Similarly, investing in technology to automate quoting, pricing, ordering, and finance can feel like a stretch. Yet, manual processes inflate staff costs and erode margins, making automation a smarter long-term bet.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"577\" src=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/5-3-1024x577.png\" alt=\"\" class=\"wp-image-894\" srcset=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/5-3-1024x577.png 1024w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/5-3-300x169.png 300w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/5-3-768x433.png 768w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/5-3-1536x865.png 1536w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/5-3-380x214.png 380w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/5-3-550x310.png 550w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/5-3-800x451.png 800w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/5-3.png 1640w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>The Bottom Line<\/strong><\/p>\n\n\n\n<p>The survey\u2019s message is clear: <strong>cash is a fact, but success is no accident<\/strong>. Construction leaders who rely on bookkeepers, accountants, or overstretched Commercial Directors are gambling with their company\u2019s future. A Finance Director brings the expertise to navigate the industry\u2019s unique challenges, volatile cash flows, tight margins, and project delays.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"577\" src=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/9-1-1024x577.png\" alt=\"\" class=\"wp-image-898\" srcset=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/9-1-1024x577.png 1024w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/9-1-300x169.png 300w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/9-1-768x433.png 768w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/9-1-1536x865.png 1536w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/9-1-380x214.png 380w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/9-1-550x310.png 550w, https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/9-1.png 1640w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-12\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.thebuildchain.co.uk\/book-a-demo\/\" target=\"_blank\" rel=\"noreferrer noopener\">Book a demo today!<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Invest in Tech, Invest in Tech, Invest in Tech!<\/strong><\/p>\n\n\n\n<p>Don\u2019t let your business join the 82% that failed. Invest in proper financial leadership and technology to secure your future.<\/p>\n\n\n\n<p>Contact us to explore how improving your financial posture can transform your business, or register here to <strong><a href=\"https:\/\/www.thebuildchain.co.uk\/book-a-demo\/\" target=\"_blank\" rel=\"noreferrer noopener\">Speak to one of our experts<\/a><\/strong> or simply email us to ask us anything sales@thebuildchain.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"You may think \u201cI have control of my business finances\u201d or worse \u201cI have a good strong accountant,&hellip;\n","protected":false},"author":1,"featured_media":890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_masonry":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0},"categories":[17],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>82% of Construction Businesses went bust in 2024! - The Build Chain<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thebuildchain.co.uk\/news\/82-of-construction-businesses-went-bust-in-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"82% of Construction Businesses went bust in 2024! - The Build Chain\" \/>\n<meta property=\"og:description\" content=\"You may think \u201cI have control of my business finances\u201d or worse \u201cI have a good strong accountant,&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.thebuildchain.co.uk\/news\/82-of-construction-businesses-went-bust-in-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"The Build Chain\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/thebuildchain\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-28T13:13:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-28T13:13:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.thebuildchain.co.uk\/news\/wp-content\/uploads\/2025\/04\/1-3.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1640\" \/>\n\t<meta property=\"og:image:height\" content=\"924\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"The Build Chain\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@thebuildchain\" \/>\n<meta name=\"twitter:site\" content=\"@thebuildchain\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Build Chain\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.thebuildchain.co.uk\/news\/82-of-construction-businesses-went-bust-in-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.thebuildchain.co.uk\/news\/82-of-construction-businesses-went-bust-in-2024\/\"},\"author\":{\"name\":\"The Build Chain\",\"@id\":\"https:\/\/www.thebuildchain.co.uk\/news\/#\/schema\/person\/23c439e37bf4c3d518f59d62a3b20426\"},\"headline\":\"82% of Construction Businesses went bust in 2024!\",\"datePublished\":\"2025-04-28T13:13:38+00:00\",\"dateModified\":\"2025-04-28T13:13:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.thebuildchain.co.uk\/news\/82-of-construction-businesses-went-bust-in-2024\/\"},\"wordCount\":725,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.thebuildchain.co.uk\/news\/#organization\"},\"articleSection\":[\"Construction Procurement\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.thebuildchain.co.uk\/news\/82-of-construction-businesses-went-bust-in-2024\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.thebuildchain.co.uk\/news\/82-of-construction-businesses-went-bust-in-2024\/\",\"url\":\"https:\/\/www.thebuildchain.co.uk\/news\/82-of-construction-businesses-went-bust-in-2024\/\",\"name\":\"82% of Construction Businesses went bust in 2024! 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