Subbie failures plunge Seddon to £15m loss
Construction Enquirer
AUGUST 23, 2023
” He said that turnover was down 10% to £150m over the year mainly driven by delayed or cancelled project commencements as the rising cost base affected their feasibility. ” He added that the financial position of each of these contracts was reviewed at the year end with full provision made in the accounts for all future losses.
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