All Midas Group articles
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News
Midas staff warned they might not get any of their missing £575,000 wages back
Firm collapsed more than 18 months ago
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News
Scale of Midas disaster revealed with more than 700 creditors owed £87m
Figure Exeter-based business had left firms out of pocket by was initially put at £22.5m
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News
Unsecured Midas creditors told to forget about getting missing millions back
Firm collapsed earlier this year owing more than £22m
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News
Insolvencies soar as inflation woes compounded by end of covid support
Rising costs see 142% increase in firms going out of business compared with last year – and warnings of more to come
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News
Employees of collapsed Midas owed more than £4.5m
300 employees left out of pocket as amount owed by group to suppliers nears £60m
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News
Nearly 40 firms owed £100,000 or more by collapsed Midas as unsecured creditors face millions in losses
Stricken firm’s construction arm owes 1,400 companies more than £19m
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Features
Midas is the latest in a long line of regional contractors to feel cash pinch
Devon builder entering administration this week is a reminder of the perils smaller firms face
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News
Midas blames pandemic as firm collapses into administration with loss of 300 jobs
Rescue hopes for 46-year-old firm founder in last few days
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News
Midas break-up begins with hundreds of jobs set to be lost at stricken contractor
Scottish firm rescues company’s property business but 500-strong Exeter builder said to have lost battle to keep going
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News
Worried councils ask government to step in over Midas
Leaders tell Michael Gove that firm’s collapse will ‘significantly impact thousands of jobs’
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News
Midas bosses hoping to stave off administration
Firm confirms it filed notice of intention to appoint an administrator last week
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News
Concerns grow as Midas teeters
Work stops on hotel schemes with firm reportedly set to call in administrators