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Keep up to dateBy Will Ing2018-08-14T06:00:00
Hinkley Point subcontractor calls in administrators
Bristol-based Dancourt Construction has appointed an administrator, making it the third subcontractor in the South West and Wales region to enter administration this year.
In 2016, the last year Dancourt filed company accounts for, the firm made a pre-tax profit of £210,000 from a £15.5m turnover.
A source close to Dancourt management suggested that a rising cost of labour was troubling the companies’ cash flow, however nobody from Dancourt was available to confirm this information.
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